Commercial Bank of Ceylon won the awards for the ‘Best Commercial Bank of the Year’ and ‘Best Innovation in Retail Banking’ presented by the UK based quarterly publication ‘International Banker’.
“These awards are a testament to our continuous commitment to excelling in all spheres of banking, and constantly challenging ourselves to look for better and more innovative ways to serve our customers each year,” said Managing Director/CEO of Commercial Bank, Jegan Durairatnam. “We value these awards because their emphasis is not size, but who does what best.”
The Bank won the ‘Best Commercial Bank of the Year’ in 2015, and was also awarded ‘The Best Private Bank of the Year’ in 2016 by the publication.
The International Banker award for the Best Commercial Bank of the Year recognizes the strength of Commercial Bank as reflected in the Bank’s financial performance, its contribution to the country’s Small and Medium Enterprise (SME) sector, the Bank’s contribution to the economy and how it has overcome the challenges in the market place.
The ‘Best Innovation in Retail Banking’ award was presented to the Bank in recognition of its innovative and technologically advanced features that enhance anytime-anywhere accessibility and convenience for customers as well as the innovative retail banking products launched by the Bank for different customer segments and sectors.
The International Banker Banking Awards were established to recognize top-ranking individuals and organizations setting new benchmarks for performance and pushing the boundaries within the financial industry in terms of corporate governance, technological development and customer service that help to drive economic growth.
The Awards were open to all banking institutions regardless of size, market capitalization or number of employees. The sole concern of the awards is to highlight the best banks globally.