Commercial Bank Jaffna

NO 484, Hospital Road, Jaffna

Commercial Bank first to offer 365 day Banking in Jaffna

Colombo – Monday 14 th September, 2009 – The Commercial Bank of Ceylon has launched 365-day Banking at its main branch in Jaffna, becoming the first bank to offer this service in the Peninsula.

Commercial Bank was also the first bank to offer ATM facilities and real time online banking in the peninsula. The main branch was established in 1939 and has served the people even during the most difficult times.Located at 474, Hospital Road, Jaffna, the branch, one of five Commercial Bank branches in the peninsula, will open for business every day of the year from August 16th onwards, from 9 am to 3pm on week days, and from 9am to 1.30pm on holidays.

“It is heartening to see life returning to normal in the North and the Commercial Bank is happy to facilitate and further encourage this process by extending features like 365-day banking,” said Sanath Bandaranayake, the Bank’s Deputy General Manager.

He said the demand for banking services had increased sharply in areas of the North and East, following the end of the military conflict. Having pioneered this service in Sri Lanka, Commercial Bank has extensive experience in 365-day banking, with 28 Branches and Supermarket Banking Counters already offering this facility in most major towns of the country. Extending this facility to our Main Branch in Jaffna, which has been in operation for over 70 years, will be of immense benefit to residents of the entire Peninsula,” Mr. Bandaranayake said.

Among the services available at this Branch on a 365 day basis are cash and cheque deposits in Rupees or in foreign currency, withdrawals from savings accounts and encashment of cheques up to Rs. 500,000/-, opening of Rupee or Foreign Currency savings and fixed deposit accounts and payment of e- Exchange and MoneyGram Remittances. Issue of Travellers Cheques, Foreign Currency notes and encasement of Travellers Cheques or Foreign Currency notes up to Rs. 200,000 will be available shortly.

Other services such as registration for the Com-e-Load facility for mobile phone users, registration for Mobile Phone Banking or Internet Banking facilities, utility bill payments, and settlement of Combank International Credit Card dues as well as dues on other selected Credit Cards will also be offered 365 days of the year.

Commercial Bank also operates other branches in the Peninsula at Chunnakam, Chavakachcheri, Nelliady and Stanley Road and would be opening one soon at Manipay.

Sri Lanka’s largest Private Bank and the winner of multiple international and local awards, the Commercial Bank has a network of 171 branches and 343 ATMs in Sri Lanka, while its operations in Bangladesh have grown to 11 outlets including six branches, three booths and two SME Centres.

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