Some of the major important role of commercial banks in a developing country are as follows: Besides performing the usual commercial banking functions, banks in developing countries play an effective role in their economic development. The majority of people in such countries are poor, unemployed and engaged in traditional agriculture. There is acute shortage of capital.
Our commitment towards Sri Lanka Banking is our business.
And beyond financial responsibilities, Commercial Bank has chartered new territories by identifying needs and providing just the right kind of service when required.
The Commercial Bank Social Responsibility Trust, founded for this purpose, has reached out to the core to uplift creatively, socially, culturally and ethically in an outstanding manner.
Our commitment for the planet Extending beyond the borders of its financial domain, Commercial Bank is involved as a participating financial institution in the E Friends loan scheme.
Partnered with the Japan bank for international corporation who supplied the funds, loans were granted at concessionary rates to motivate companies to be more environment conscious.
Projects such as reducing emission, improving worker safety etc The technical transfer assistance scheme also contributed in controlling emission in plants, water treatment, waste minimization etc This has brought the total number of Maths Camps conducted by the bank during a two year period to 20, benefitting approximately 1, students.
The Bank participated in the awards scheme for the first time in and won a single award that year. The Bank originally built the ornate lamp posts in Senanayake Central College, Uhumeeya, Kurunegala, a school with a history dating back tobecame the latest educational institution to benefit from the flagship CSR initiative of the Commercial Bank when it received the milestone 75th IT Lab donated by the Bank.
In keeping with this, Bank donated computers and related accessories to a number of schools.Sri Lanka's tax revenues per GDP also increased from 10% in which was the lowest in nearly two decades to % in Despite reforms, Sri Lanka was listed among countries with the highest risk for investors by Bloomberg.
Developing A Management Report On Commercial Banks In Sri Lanka Business Essay.
Print the role of Commercial Bank of Ceylon PLC as a leading bank in Sri Lanka. Develop a Management report about Commercial Bank of Ceylon PLC Ltd by using my industrial experience about banking industry in Sri Lanka.
of this peace full . Some of the major important role of commercial banks in a developing country are as follows. Besides performing the usual commercial banking functions, banks in developing countries play an effective role in their economic development. Inside The banking industry in Sri Lanka.
Print Reference this. Published: 23rd March, Today, the Central Bank is the governing body of commercial banks. Business Essay Writing Service Essays More Business Essays.
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Commercial banks, which mobilise finance through savings and time deposits, acquire liabilities that are individually small and protected from income and capital risk, .