Commercial Bank receives its 10th ‘Bank of the Year’ award in London

Wednesday, 21 December 2016 00:00 - - {{hitsCtrl.values.hits}}

Commercial Bank’s Managing Director/CEO Jegan Durairatnam was in London earlier this month to accept the ‘Bank of the Year’ award presented by ‘The Banker’ magazine at a gala black-tie dinner at the Hilton London Bankside. This was the 10th time Commercial Bank has won this prestigious award, thus becoming one of the few banks in the world to achieve this feat. Widely considered the ‘Oscar’ of the global banking fraternity, the award is referred to as a ‘Bracken’ after Brendan Bracken, the Founding Editor of ‘The Banker’ in 1926 and Chairman of the Financial Times from 1945 to 1958. Winners of the Bracken are chosen on the basis of comprehensive data such as earnings, asset and Tier 1 capital growth, and returns on equity as well as evidence of setting new standards for their local industries, either by using new technology or coming up with innovative, cost-efficient ways of expanding their businesses. Pictured here is Durairatnam with the Bracken presented to Commercial Bank by The Banker.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.