ComBank presents schols & laptops to 50 more undergraduates
The Commercial Bank of Ceylon awarded scholarships to 50 more
undergraduates from seven universities, under the Bank’s CSR Trust’s
Sarasaviyata Nawa Saviyak community initiative, and has increased the
value of each scholarship by 20%.
Undergraduates from 16 districts who will each receive Rs 30,000 a
year for the four or five years they spend at university, were each
presented with a laptop computer by the Bank, at a ceremony graced by
Higher Education Minister S. B. Dissanayake.
The 50 recipients of scholarships with Minister S B
Dissanayake, Commercial Bank Chairman Dinesh Weerakkody,
Chairperson of the UGC Prof. Kshanika Hirimburegama and the
Board of Directors of Commercial Bank |
Commercial Bank’s sixth scholarships presentation under this
programme was held on March 20, bringing the total number of
scholarships presented to date to 250. The Chairperson of University
Grants Commission Prof. (Ms) Kshanika Hirimburegama, the Chairman and
Board of Directors of Commercial Bank along with the Corporate
Management of the bank, also graced the occasion.
Of this latest batch of scholarship recipients, 39 are females.
Twenty two of the 50 undergraduates are studying medicine, nine
management and three Accountancy & Finance, while two are in Marketing
Management and Business Information Systems and the others in many
diverse spheres of study.
Speaking at the presentation ceremony at the Commercial Bank
auditorium, Minister S. B. Dissanayake said: “Commercial Bank’s
scholarship programme fulfils an important social obligation and shows
the way to other corporate entities.
This service of the bank to the community is extremely important and
has earned the respect of the government.”
The Minister said the 20,000 or so students who gain university
admission each year, represent the cream of the Sri Lanka’s future work
force and it is the duty of the government and nation-minded
organisations to provide these students with opportunities to maximise
their potential to play a key role in the growth of the country.
Commercial Bank Chairman Dinesh Weerakkody who delivered the welcome
address, stressed the importance of skills development and mastering new
skills to the government’s programme to make Sri Lanka a US$ 100 billion
economy by 2016.
“Sri Lanka is our country and the Commercial Bank is committed to
meeting the challenges of taking the country forward by contributing to
the improvement of the knowledge and skills of our future generations,”
he said. Elaborating on the Bank’s commitment to the education sector,
the Chairman of the Commercial Bank CSR Trust Lakshman Hulugalle, said
motivating bright young Sri Lankans to pursue their academic aspirations
is in perfect synchrony with the Bank’s brand promise of ‘A Better
Future.’ “We believe that education is a critical element in achieving a
better future,” he said.
Recipients of Commercial Bank’s undergraduate scholarships are chosen
with the assistance of the University Grants Commission (UGC).
Being ineligible for Mahapola or any other scholarship programme, the
number of attempts made at the GCE A/L examination, the number of
school-going children in the family, parental income and the distance
between the university and the student’s home are some of the factors
that are taken into consideration in identifying recipients. This year’s
beneficiaries were from the districts of Vavuniya, Trincomalee, Badulla,
Anuradhapura, Colombo, Galle, Gampaha, Hambantota, Kandy, Kegalle,
Kurunegala, Matara, Nuwara Eliya, Puttalam, Monaragala and Ratnapura.
Manori Nayana Kanthi, a student from Kadugannawa, said the
scholarship she received would significantly lessen the burden on her
brother, who currently supports her to follow a degree course in
Management at the Rajarata University. “I am even more motivated and
hope to follow a course in Human Resources Management as well,” she
said.
Nishanthi Balasingham, an undergraduate in Management at the
University of Jaffna, said the Commercial Bank scholarship and the
laptop would have a life-changing impact on her studies. “The money will
help meet the costs of boarding and food, and I have never had a
computer of my own,” she said. “I am now much better equipped to pursue
my degree.”
Besides its undergraduate scholarships programme, the Commercial Bank
also has a reward scheme for deserving younger students. All holders of
the Bank’s Arunalu minors’ accounts who excel at the year 5 scholarship
examinations every year are rewarded with valuable cash prizes.
Under its flagship CSR initiative in the sphere of education, the
bank also has to date donated fully-equipped IT labs to 78 schools and
educational institutions, benefitting more than 42,000 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.
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 229 service points in Sri
Lanka and a network of 560 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. |