Supported by Commercial Bank’s signature Children’s Savings Account ‘Arunalu,’ the event comprised of many interactive games and special Arunalu sponsored activities such as art competitions, darts competitions and games.
All participating children were presented with attractive Arunalu branded gifts.
Arunalu, which constantly recognises excellence in education and supports budding young local talent, rewarded the best contestants of the singing competition with cash prizes of Rs. 10,000 each.
In addition, Arunalu rewarded seven outstanding young people with valuable educational materials during the opening ceremony, for their special inventions, heroic acts and special contributions to society.
Special events were also conducted for the mothers of the children by ‘Anagi’ – the exclusive Women’s Savings Account of Commercial Bank.
More than 2,000 ladies who participated in these events received valuable Anagi branded gifts.
This was the fourth consecutive year that Commercial Bank’s Arunalu Children’s Savings Account sponsored this grand annual event.
“The Arunalu Children’s Savings Account and the activities we support under the banner of the brand, reflect Commercial Bank’s commitment to support children in their formative years.
This annual event recognises the importance of encouraging children to develop their talents and rewards their achievements, while ensuring they have a lot of fun,” said Mr Hasrath Munasinghe – Deputy General Manager Marketing of Commercial Bank.
Offering an interest rate of 6.5% per annum, ‘Arunalu’ is considered the best Children’s Savings Account in Sri Lanka.
The Arunalu account has established the largest year 5 Scholarship cash prize scheme in the country with an educational support scholarship scheme for children who are placed 1st, 2nd and 3rd in the country each year, until they are 18 years of age.
Furthermore, the Arunalu Children’s Savings Account presents attractive cash prizes annually to account holders who are the top scorers at the Year 5 scholarship examination in every school while District winners holding ‘Arunalu’ accounts are given a cash price of Rs. 50,000.
‘Arunalu’ accounts can be opened for children below 18 years of age at any of Commercial Bank’s branches island-wide.
The only Sri Lankan bank to be ranked among the Top 1000 banks of the world for five consecutive years, Commercial Bank operates a network of 244 branches and 616 ATMs in Sri Lanka and is the country’s largest private bank.
The Bank was ranked the most valuable private sector brand in Sri Lanka in 2014 and has also won multiple awards as Sri Lanka’s best bank from several other international publications over several years.
The Bank was adjudged one of Sri Lanka’s 10 best corporate citizens by the Ceylon Chamber of Commerce in 2013 and 2014.
Commercial Bank’s overseas operations encompass Bangladesh, where the Bank operates 18 branches and Myanmar, where it has a Representative Office in Yangon.
In September 2015, the Bank received regulatory approval for the establishment of a fully-fledged Tier I Bank in the Maldives.
Photo caption: Scenes from the World Children’s Day event sponsored by Commercial Bank
