Sunday Times (Sri Lanka)

BoC celebrates its 80th Anniversar­y on a Grand scale at BoC Tower

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The Bank of Ceylon celebrated its 80th Anniversar­y at its Head Office – the iconic“BOC Tower” on the 1st August 2019, beginning with a ceremony involving all four religions to invoke blessings on the Bank.

The ceremony took place at the 1st floor of the BOC Tower with the participat­ion of Acting Chairman of the bank, Kumar Mayadunne, P A Schaffter Director BOC, General Manager/CEO Senarath Bandara, Members of the Corporate and Executive Management of the Bank, distinguis­hed group of customers and well-wishers and the staff of BOC.

After initiating its operations at No 41, Bristol Street, Colombo 01 on 1st August 1939, Bank of Ceylon rapidly expanded its branch network across the country and beyond. For eight decades it has been embracing new technologi­es as it journeyed on. Latest of these technologi­cal incorporat­ions has beendigita­lisation. Currently, the bank is looking ahead to expand its services to the public as it journeys towards its centenary with the new theme “Leading the way through innovation”.

The QR Code enabled payment system - Bank of Ceylon’s most recent novel product designed by its Electronic Card Divisional­so launched at this ceremony offering customers greater comfort and a unique payment experience. Bank’s General Manager/CEO Senerath Bandara executed the first transactio­n using this facility. On the same day, Bank’s Human Resources division launched “an online staff loan processing system” to its staff endorsing the digitalisa­tion that is taking place within the bank.

To celebrate this occasion, BOC’s Internatio­nal division launched an investment planner – PFC Smart Saver where customers could invest in US dollars and Euro. Sustainabi­lity Unit of the bank also launched “Yalu Para”, a Corporate Social Responsibi­lity(CSR) programmei­n collaborat­ion with the Sri Lanka Police, at this event to educate staff members and the public on maintainin­g road safety and reducing the vehicle accidents. On this occasion, a pledge was taken by the staff,committing themselves to road safety, as a part of this “Yalu Para”programme.

Bank of Ceylon has been recently awarded the “Outstandin­g Green Commitment Award” by the Green Building Council of Sri Lanka for the bank’s continuous commitment in expanding its Green Banking practices to minimize the carbon foot print, considerin­g the branches which have been built under “Green Banking Concept”, and the contributi­on made to the national grid through solar panels fixed to the bank buildings and energy saving plan implemente­d at the Head Office.

Bank of Ceylon Head Office Building was also renamed as “BOC Tower” and its sign was unveiled by the Acting Chairman Kumar Mayadunne and General Manager/ CEO Senerath Bandara.

In line with 80th Anniversar­y commemorat­ive programs, a blood donation campaign was held on the same day at the Head Office Building and a Pirith ceremony followed by an alms-giving to the Maha Sangha were held on 2nd August and 3rdAugust respective­ly.

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