ComBank ATMs set record

The automated teller machines (ATMs) of the Commercial Bank of Ceylon (ComBank) dispensed Rs 29.8 billion in December 2013, setting up a new record for cash dispensed electronically in a single month.

The 585-terminal ATM network, one of the largest owned by a single bank in Sri Lanka, processed 6.4 million transactions during the month at an average of more than 206,000 transactions per day (or 143 per minute).

On December 31, 2013, the Commercial Bank ATM network processed 299,000 requests for cash and dispensed Rs 1.4 billion over 24 hours, a record for a single day in December.

December 2013 also saw the Bank set a new record for cash dispensed over a weekend, with Rs 2 billion being withdrawn from its ATM network on the December 14-15 weekend.

On 12 days in December, the Bank's ATM network dispensed more than a billion rupees each day, also a record.

"What these statistics illustrate is the robustness and reliability of our ATM network, and the Bank's ability to keep them replenished even at times of peak withdrawals," Commercial Bank Chief Operating Officer, Jegan Durairatnam said.