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ComBank opens 250th branch

 

Chairman, Commercial Bank, Dharma Dheerasinghe opens the Bank’s 250th branch while Managing Director Jegan Durairatnam, Chief Operating Officer S. Renganathan and senior officials of the Bank look on.

The Commercial Bank recently opened its 250th branch at the Orion City complex at Dr Danister de Silva Mawatha, Colombo 9. Chairman of the Bank, Dharma Dheerasinghe was also present.

Modelled on the Automated Banking Centre set up by the Bank at Ward Place, Colombo 7, the self-service branch will facilitate real time cash deposits, send requests for account opening and loans, cheque deposits, access to the Bank's online banking facility, fund transfers, cash withdrawals, bill payments and provide information services such as branch locations and interest rates throughout the day.

The Bank's paperless deposit machines eliminate the need for deposit slips and envelopes, as they have a stacker than can accept and count up to 200 notes, enabling customers to make deposits of up to Rs 200,000 at a time into savings or current accounts, 24 hours of the day. The same machine can also be used to pay dues on Commercial Bank credit cards.

Ranked among the Top 1000 banks in the world for five consecutive years, Commercial Bank operates a network 625 ATMs in Sri Lanka, the largest electronic cash dispensing facility owned by a single bank in the country.

Commercial Bank's overseas operations encompass Bangladesh, where the Bank operates 18 branches and Myanmar, where it has a representative office in Yangon.

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