As part of a series of relief measures under its ‘Rebuild Together’ theme, demonstrating its commitment to standing with Sri Lanka when it matters the most, the Commercial Bank of Ceylon yesterday (22nd December) announced a total commitment exceeding Rs. 125 million towards recovery efforts following Cyclone Ditwah, including a donation of Rs. 110 million to the Rebuild Sri Lanka Fund, to help the country recover from the impacts of Cyclone Ditwah.
The Bank’s contribution was presented by a representative group comprising of Mr Sanath Manatunge, Managing Director/CEO, Mr S. Prabagar, Chief Operating Officer and Ms Ashani Senaratne, Assistant General Manager – Marketing, to Dr Nandika Sanath Kumanayake, Secretary to the President.
Sri Lanka’s largest private sector bank, the Commercial Bank has launched several initiatives to address both immediate relief and long-term recovery needs, while also contributing towards improving the country’s disaster preparedness and risk management capabilities. As an immediate response, the Bank donated dry rations to be distributed by the Sri Lanka Air Force among more than 5,000 flood-affected families. In support of business recovery, and following the announcement of relief measures by the Central Bank for disaster-affected borrowers, Commercial Bank extended financial assistance to help businesses stabilise and resume operations. The Bank has also supported the Disaster Management Centre by sponsoring the revamp of the RiskInfo Spatial Data Portal to strengthen national disaster risk management capabilities. Additionally, with education long recognised as a key corporate social responsibility priority, Commercial Bank supported children in returning to school by facilitating the clean-up of affected schools and providing essential stationery supplies following Cyclone Ditwah.
Pictured here is the presentation of the Commercial Bank cheque for Rs 110 million to the Rebuild Sri Lanka Fund.
