Wednesday, July 30, 2008

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Bank of Ceylon, Sri Lanka’s largest bank last week announced Ajantha Mendis, the mystery spinner as their brand ambassador, with special focus on the youth product sector; 18+ and 14+ accounts.

‘Ajantha is a truly driven Sri Lankan, who embodies the country’s winning spirit. The energy and innovation which Ajantha represents coupled with his popularity makes him the ideal choice for BOC. It is an honour to be associated with someone who has given back so much to his country, both as a sportsman and a citizen,’ stated Gamini Wickremasinghe, Chairman of Bank of Ceylon.

This announcement is a result of the Bank’s commitment to developing stronger relevance with the youth market. Ajantha’s image as Sri Lanka’s new generation star, an outcome of his stellar performance in cricket, has won the hearts of many Sri Lankans, especially the cricket loving youth of the country. This makes him the most appropriate figure to be associated with the Bank and adds value and credibility to Bank of Ceylon’s philosophy of keeping abreast with the times.

‘Being very much in the media, it is gratifying to have fans who love and support you especially the youth who look up to you. Hence it becomes my responsibility to ensure that my choices and the brands I endorse are dependable in quality and service,’ said Ajantha Mendis sharing his views on being appointed brand ambassador for the Bank.

He further added, ‘It’s great to be associated with Bank of Ceylon as we are both relied upon to deliver the best by those we serve. And I feel that with the support of BOC, by actively promoting saving, I am helping facilitate a better future, financially for future generations.’

Ajantha’s responsibilities as a brand champion to the brand includes increasing public awareness, especially amongst the youth for the 18+ and 14+ accounts, on the benefits and importance of maintaining savings. Furthermore Ajantha would endorse all value added services offered by the Bank.

Ajantha Mendis who mystified cricket fans and commentators world over, rose to stardom when he claimed six wickets for 13 runs and helped the Sri Lankan team to a 100-run win against India during the recently concluded Asia Cup cricket tournament.

The Bank of Ceylon is the leading Commercial Bank in Sri Lanka owned by the Govt. of Sri Lanka. It is rated AA (sri) by Fitch Rating, the internationally reputed Credit Agency, and is ranked among the 1000 largest banks in the world.

18 +, the bank’s most popular savings account, offers attractive benefits based on the context of the market today for the youth between 18 and 25 years of age. All it takes is a minimum deposit of Rs. 200 and the account can be maintained till they reach 35 years of age.

The 14 + Savings Accounts are for teenagers between 14 and 18 years of age with an initial deposit of Rs. 500. Children are encouraged to learn the importance of saving and manage the account by themselves. To this end, the Bank offers an above the standard rate of interest. Today, the Bank is connected through a network of over 202 ATM Machines plus 339 ATM outlets in collaboration with Sampath Bank. It has the largest online network in Sri Lanka with over 300 online offices, and the largest customer base with over 5.8 million accounts.

It continues to maintain its position as a leader in corporate banking, offshore banking, treasury & foreign currency operations and trade finance. With overseas branches in London, Chennai and Male, it has the largest network of over 560 correspondent banks all over the world.

 
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