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Corporate Social

Commercial Bank donates its 75th IT Lab


D. S. Senanayake Central College Uhumeeya latest beneficiary of Bank’s flagship CSR initiative

The D. S. Senanayake Central College, Uhumeeya, Kurunegala, a school with a history dating back to 1870, became the latest educational institution to benefit from the flagship CSR initiative of the Commercial Bank when it received the milestone 75th IT Lab donated by the Bank.

Established as Uhumeeya Vidyalaya with just five students and renamed D. S. Senanayake Central College in 1995, the school has 1,650 students and 86 teachers today. Responding to the school’s need of a facility to provide IT education to its students, the Commercial Bank set up a fully equipped and furnished IT Lab under its nation-wide IT education project.

Commercial Bank Director Mr. Lakshman Hulugalle, who is Chairman of the Commercial Bank CSR Trust, participated as the Chief Guest of the handing over ceremony of this IT Lab.

Commercial Bank’s IT Education project has to date benefitted more than 40,000 students. All schools that receive computer laboratories from the Bank are provided brand new computers with licensed software. The schools are also provided accessories such as computer tables, printers and chairs. The Bank provides assistance to maintain and upgrade these computer labs when necessary to ensure that the facilities benefit many batches of students.

These donations are funded by Commercial Bank’s CSR Trust which assists the Bank to identify national priorities and deliver a structured response to the needs of the community.

Besides its IT Education programme, the Bank also presents scholarships and laptops to 25 undergraduates each year. In September 2012, these commitments to the education sector were further expanded with the launch of a national-scale community initiative to take English language education to children in rural Sri Lanka.

Other CSR initiatives of the Bank include healthcare projects, preserving cultural heritage, uplifting the living standards of war heroes and needs-based regional projects.

The largest private bank in Sri Lanka, Commercial Bank is the only Sri Lankan Bank to be listed two years consecutively in the world’s Top 1000 Banks. The Bank operates a network of 227 service points in Sri Lanka and a network of 558 ATMs. The Bank has been adjudged ‘Best Bank in Sri Lanka’ for 14 consecutive years by ‘Global Finance’ Magazine, and has won multiple awards as the country’s best bank from ‘The Banker,’ ‘FinanceAsia,’ ‘Euromoney’ and ‘Trade Finance’ magazines.

Photo Caption:

(Top) Commercial Bank Director Lakshman Hulugalle, DGM Marketing Hasrath Munasinghe and a student open the IT lab at D. S. Senanayake Central College and (Below) the new IT lab donated by the Bank