Commercial Bank receives 'Bracken' as Sri Lanka's Bank of the Year
Pictured here with the prestigious Bracken Award is Mr. Gooneratne (centre) with Stephen Timewell, Editor in Chief of The Banker (left) and Michael Buerk, Journalist and former BBC broadcaster who compered the event.
Commercial Bank Managing Director Amitha Gooneratne recently accepted a 'Bracken' award, the 'Oscar' of the international banking industry, at a gala awards ceremony in London.
Presented by 'The Banker' the top notch UK-based banking magazine, the award for Sri Lanka’s Bank of the Year for 2007 was won by Commercial Bank for the sixth time. Some 457 banks from 143 countries vied for the 'Bracken' awards in 2007.
The Bank of the Year award reflects the latest results, growth rates and performance data of the bank and also takes into account the technology deployed, acquisitions and key strategic developments. The award is for the best overall performance in the country in the review period and incorporates performance criteria, qualitative achievements and strategic initiatives.