Commercial Bank honoured in USA and Hong Kong

Friday, 21 October 2016 00:01 - - {{hitsCtrl.values.hits}}

As the financial year draws to a close, the Commercial Bank of Ceylon has been presented with two more significant global awards in Washington DC and Hong Kong.

Commercial Bank Chairman Dharma Dheerasinghe and Managing Director Jegan Durairatnam received the Global Finance award for the Best Bank in Sri Lanka at an awards ceremony held at the National Press Club during the IMF/World Bank Annual Meetings in Washington, DC.

The bank’s Executive Director/Chief Operating Officer S. Renganathan accepted the Platinum award for 20 years of excellence from ‘Finance Asia’, at a presentation ceremony in Hong Kong.

The Global Finance award was the 17th such accolade Commercial Bank has been presented with by the widely read magazine, while the one-off Platinum Award from FinanceAsia complements the sixth ‘Country Banking Achievement Award’ presented by the magazine earlier this year to Commercial Bank.

Besides the Global Finance and Finance Asia awards, the bank won ‘Asia’s Best Integrated Report’ award for its 2015 Annual Report, was adjudged best among Sri Lankan banks for Sustainability Reporting by the Association of Chartered Certified Accountants (ACCA), won the award for ‘Marketing Campaign of the Year’ at the 2016 CMO Asia Awards for Excellence in Branding and Marketing, was ranked Sri Lanka’s Most Respected Bank by LMD for the 12th successive year, was declared the ‘Strongest Bank in Sri Lanka’ by Asian Banker and won four top awards including Best Private Sector Bank in Sri Lanka at the 2016 South Asian Partnership Summit and Business Awards.

Additionally, Commercial Bank became the only Sri Lankan bank to be ranked among the Top 1000 banks of the world for six years consecutively by ‘The Banker’ magazine of the UK.