don's blog - New Sri Lanka

Wednesday, October 10, 2007


The Bank of Ceylon won four prestigious world awards for its 2006 annual report at the annual international 2006 Vision Awards and the Annual International ARC Awards, which were held recently.
The Bank won three major awards including top platinum at the annual international 2006 Vision Awards, competing against 2,500 entries from 21 countries. In the annual international ARC Awards, the bank won a top Gold Award, competing with 1,900 entries from 26 countries, submitted by 800 different companies representing over 200 industries.
Deputy General Manager (Corporate and Offshore Banking) of BoC W.A. Nalani said that these four awards
Awards: Chairman of the BoC Gamini Wickramasinghe and the team with the awards. Picture by Sumanachandra Ariyawansa
will help them to strengthen the bank’s international recognition. Bank is working with nearly 1,000 corresponding banks in the world and this will be an ideal opportunity for us enhance our international operations and boost our corporate image internationally, she said.
The International ARC Awards were created to honour overall excellence in annual reports, in terms of contents and designs. It is the most recognised award ceremony in the world. All the wining entries of ARC awards including a copy of the BoCs annual report will be exhibited at the Museum of Art and Commerce in Hamburg, Germany, from October 23.
“This is the first time that bank has received four international awards for an annual report. In 2006 we had targets for developing this annual report. Many reputed companies in Europe, Asia and US applied for these awards. However the BoC was able to compete with those,” she said.
In overall competition in all categories, the bank won the Bronze Award for the best report in financials and won the 37th position in the world’s top 100 annual reports of 2006.
Chairman of the BoC Gamini Wickramasinghe said that the bank could have more recognition in international arena and this will help us to develop our international businesses with our overseas partners.
In the 2006 annual report, bank has included sustainability report which featured CSR projects of the bank. Special sections such as Compliances and Risk Management were also included in 2006 annual report.

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