Commercial Bank promotes MoneyGram in Cyprus

Commercial Bank Executive Officer - eBanking Center Damitha Silva, MoneyGram International Regional Manager Gautam Carlo, representatives of the MoneyGram campaign team and Commercial Bank Senior Manager - eBanking Pradeep Banduwansa. MoneyGram’s Regional Director Greece and Cyprus Ms. Marietta Doxopoulou and the Marketing Manager, Greece, Cyprus and the Balkans Ms. Silia Hatzissava are also in the picture.

The Commercial Bank of Ceylon together with MoneyGram International recently conducted a campaign to promote its money transfer service among Sri Lankan expatriates in Cyprus who make remittances to Sri Lanka.

Several senior officers of the Bank visited Cyprus to carry out this promotion.

The group visited ethnic locations in Cyprus such as Sri Lankan shops and restaurants and met community leaders to discuss ways to make remitting money back home more convenient. The team also carried out a street promotion and a special price promotion that attracted nearly 1000 people, and sponsored an event to celebrate the Cyprus New Year.

This is the second collaborative effort of Commercial Bank and MoneyGram International at an overseas location.

Last year, the Bank carried out a similar campaign targeting Sri Lankans in France.

The Commercial Bank signed up with MoneyGram, the global funds transfer company in 2007 to further enhance the Bank's market share in the remittance business and to expand its presence in other parts of the world, especially North America and Western Europe.

Ranked first among Banking institutions in Sri Lanka in the latest Business Today rankings, the Commercial Bank of Ceylon PLC owns a network of 182 branches and supermarket banking counters and operates an automated teller network of 372 ATMs in Sri Lanka.