BOC wins award award for Economic contribution and Sustainability | Sunday Observer

BOC wins award award for Economic contribution and Sustainability

The Bank of Ceylon team with the award
The Bank of Ceylon team with the award

The Bank of Ceylon BOC won two awards at the Best Corporate Citizen Sustainability Award Ceremony 2017 held recently at the Cinnamon Grand, Colombo. The Bank of Ceylon was recognized as the winner of the “Triple Bottom Line - Economic Sustainability (Profit) award” and also recognized as a “category winner – Economic Contribution award”.

These two awards were awarded to the Bank in recognition of its sustainable business growth, economic value creation and contribution towards national economy. Organized by the Ceylon Chamber of Commerce, the event was graced by Japaneses Ambassador Kenichi Suganuma, as Chief Guest. The Keynote speaker was David Bent, a Global Expert on Corporate Sustainability. The Awards recognize business entities that have shown exemplary performances as sustainable corporate entities. By recognizing these corporate entities the Ceylon Chamber of Commerce encourages companies to follow triple bottom line (People, Profit and Planet) sustainability practices and build a sustainable cycle where the company’s long term sustainability thrives as much as it gives back to the community and every possible stakeholder. “Living up to its promise as ‘Banker’s to the Nation’, the Bank of Ceylon has strategically built its three pillars around its entire scope of operations to reap benefits for all its stakeholders. As a State Bank, BOC’s objective is to assist the Government of Sri Lanka’s economic objectives that get translated into the whole country’s socio-economic development. Therefore, final beneficiaries of this whole process are all Sri Lankans. Currently BOC is the highest profit earning single business entity in the country. Its PBT of the year 2015 and 2016 were calculated as Rs. 25.3 Billion and Rs.31.2 Billion respectively” said General Manager D.M. Gunasekara.

“BOC from being a responsible services provider for its customers, whose integrity has been tested over a span of 78 years, has evolved to deliver a service which goes beyond mere banking to its community. It has been with Sri Lankans throughout their joys and sorrows with great empathy and helped them outgrow their shells of socio-economic obstacles and become more economically-able to achieve their individual visions.