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ComBank’s ‘Shop ‘n’ win’ presents Rs. 1.6 million in prizes

The Commercial Bank of Ceylon presented prizes worth Rs. 1.6 million to winners of its ‘Shop ‘n’ win’ promotion carried out in December 2008 for the Bank’s debit and credit card holders.

Two lucky winners at the grand draw won return air tickets to Singapore while 155 lucky winners received Rs. 10,000 each during the 31 days of the promotion. Names of winners were published in newspapers and their prize monies have been awarded, the Bank said. The cash prize winners were chosen from those who spent a minimum of Rs. 5,000 per day on their debit or credit cards. The Bank presented Rs.50,000 to five winners each day, during the promotion period. All the participants were automatically entered into the grand draw at which two air tickets were on offer.

“We initiated this promotion to encourage people to make better use of their debit and credit cards which are much more convenient and safer than cash transactions,” Chief Manager of Commercial Bank’s Card Centre Lakshman Perera said.

The Commercial Bank already has more than 1.6 million debit and credit cards in circulation. Last year, the Bank began issuing ‘instant’ over-the-counter ATM cum debit cards to customers at the point of opening savings or current accounts.

Established in 1969, Commercial Bank is Sri Lanka’s leading bank, with dominant positions in consumer banking, treasury and securities markets. The Bank’s network covers 170 computer-linked branches & supermarket banking counters and 333 ATMs in Sri Lanka. The Bank has been adjudged Sri Lanka’s ‘Bank of the Year’ seven times by ‘The Banker’, a top notch global banking magazine and also been rated the ‘Best Bank in Sri Lanka’ for ten consecutive years by US based ‘Global Finance’ Magazine. In July 2007 the Bank was named the ‘Best Bank’ in Sri Lanka by another prestigious international financial magazine ‘Euromoney’.

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