ComBank commissions 600th ATM

The 600th automated teller machine (ATM) of the Commercial Bank in Sri Lanka was commissioned by Minister of Fisheries and Aquatic Resources Development Dr Rajitha Senaratne and Defence Ministry Secretary Gotabaya Rajapaksa at the Colombo Gold Centre recently.

The ATM is at the Bank's Gold Centre branch, its 238th branch, on the ground floor of the refurbished former St. John's Fish Market.

Commercial Bank Managing Director and CEO Jegan Durairatnam said the branch and the ATM would provide an invaluable service to the gold and jewellery retailers at the Centre and to the buyers.

Commercial Bank's ATM network has set many records for the value of cash dispensed and the number of transactions processed during peak shopping periods and continues to improve on it each year.

The latest record for cash dispensed in a single day was set on April 11, 2014, when users of the Bank's ATM network withdrew Rs 2.05 billion.

Between the April 1-12, 2014, the Commercial Bank ATM network, then at 585 terminals, dispensed Rs 15.438 billion.

"The importance of a robust, reliable and well-serviced network of strategically located ATMs needs no better testament than these figures," Durairatnam said.

"Our ATM network plays a huge part in enhancing convenience for millions of people. The Bank is fully committed to upgrading and expanding the network in keeping with the evolving needs of the populace," he said. Commercial Bank's 500th ATM was installed at the Maradana Railway Station, and its 400th was at the Ruwanwella branch.