As part of its ‘Rebuild Together’ initiative, the Commercial Bank of Ceylon has announced a commitment exceeding Rs. 125 million to support recovery efforts following Cyclone Ditwah. This includes a significant donation of Rs. 110 million to the Rebuild Sri Lanka Fund, aimed at aiding the country’s recovery from the cyclone’s impacts.
The Bank’s contribution was officially presented by Mr. Sanath Manatunge, Managing Director/CEO; Mr. S. Prabagar, Chief Operating Officer; and Ms. Ashani Senaratne, Assistant General Manager – Marketing, to Dr. Nandika Sanath Kumanayake, Secretary to the President.
As Sri Lanka’s largest private sector bank, Commercial Bank has initiated several measures to address both immediate relief and long-term recovery needs. The Bank donated dry rations, which are being distributed by the Sri Lanka Air Force to over 5,000 families affected by floods. In support of business recovery, and following the Central Bank’s announcement of relief measures for disaster-affected borrowers, Commercial Bank has extended financial assistance to help businesses stabilise and resume operations.
The Bank has also contributed to strengthening disaster preparedness by supporting the Disaster Management Centre through the sponsorship of the revamp of the RiskInfo Spatial Data Portal. This initiative is intended to enhance national disaster risk management capabilities.
Recognising the importance of education as a core aspect of its corporate social responsibility, Commercial Bank has taken steps to support children’s return to school. The Bank facilitated the clean-up of affected schools and provided essential stationery supplies to students following Cyclone Ditwah.
The Bank’s ongoing efforts reflect its commitment to supporting Sri Lanka’s recovery and resilience in the aftermath of natural disasters.
