Business Banking

HSBC Sri Lanka awarded ‘Best in Class’ at Internet Banking Awards 2007

During the recently concluded Global Finance World’s Best Internet Banks Awards 2007, HSBC Sri Lanka was awarded with the “Best in Class” award in New York November.

This was a proud moment for HSBC Sri Lanka to have competed with 202 banks from around the world. The “Best in Class”, awards were judged by an independent panel from Global Finance.

Manager Distribution and Delivery Channels, HSBC Sri Lanka, received the award.

The other main category awards won by HSBC were: Best Overall Consumer Internet Bank for Asia Pacific and Best Overall Consumer Internet Bank for Europe, Best Overall Corporate / Institutional Internet Bank for Middle East & Africa region, Best Integrated Consumer Bank Site and Best Consumer Investment Management Services (Global Consumer Internet Bank Sub-Categories) and Best Integrated Corporate Bank Site (Global Corporate Internet Bank Sub-Category). These entries were evaluated by a panel of judges representing Tata Consulting Services and the editors at Global Finance selected the final winners.

HSBC UAE and HSBC UK Bank - the other successors of the “Best in Class” category, described online bill pay functionality, use of sales campaign managers and an overview of the eSaver products whilst the UK bank shared details of online campaigns including virtual forest statement suppression, online travel money and deposit acquisition schemes. Centrally coordinated and funded by Global eBusiness, 19 out of 53 Global Direct Selling entities from HSBC entered the awards this year and 9 entities won “best in country” awards and further collected 16 regional sub-category awards. 25 awards were won by HSBC at large during round one.

The awards were aimed at identifying and honouring the most successful and innovative providers of online banking services to corporate / institutional and consumer customers. The criterion for selection were strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customer base, breadth of products offered, evidence of tangible benefits gained from internet initiative, and web site design and functionality. Sub-category winners were also selected on the basis of relative strength of those products and services.

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Commercial Bank’s 157th branch at Digana

Commercial Bank has opened another branch at Digana in Kandy, taking its islandwide branch network to 157.

The new branch is housed in a spacious, new building with ample parking facilities and is located at Victoria Golf Club Road, Digana in Kandy.

The Digana branch is linked to all other Commercial Bank branches, MiniCom Centres and Service Points at Arpico Supercentres through ComNet permitting online real-time banking.

It is also equipped with an ATM linked to 280 other ATMs of Commercial Bank and over one million ATMs belonging to the Cirrus and Visa networks worldwide.