ComBank celebrates opening of Representative Office in DIFC

The opening of a Commercial Bank of Ceylon Representative Office in the Dubai International Financial Centre (DIFC), a milestone not just for the Bank but for Sri Lanka’s banking sector, was fittingly celebrated recently with the participation of the top management of the Bank and dignitaries from Sri Lanka and the United Arab Emirates.

The formal opening of the Representative Office at The Gate Village 10, Level 7 of the DIFC was done by Commercial Bank Chairman Mr Sharhan Muhseen and the Bank’s Managing Director/CEO Mr Sanath Manatunge together with the Chief Executive Officer of DIFC Authority Mr Arif Amiri.

The opening ceremony was followed by a networking launch event at the Shangri-La Dubai attended by Sri Lanka’s Ambassador Designate to the UAE, Her Excellency Professor Arusha Cooray and dignitaries from the business community of both countries.

Commercial Bank’s Representative Office in DIFC will serve as a key point of contact for the Bank’s growing client base in the region, including key stakeholders in Sri Lanka, as well as in Bangladesh and the Maldives, who have operations in the United Arab Emirates (UAE). Commercial Bank already has the widest international footprint among Sri Lankan banks, with 20 outlets in Bangladesh, a Microfinance company in Myanmar, and a fully-fledged Tier I Bank in the Maldives.

 Commercial Bank Chairman Mr Sharhan Muhseen and Managing Director/CEO Mr Sanath Manatunge with Chief Executive Officer of DIFC Authority Mr Arif Amiri and Head – Banks and Capital Markets of DIFC Authority, Mr Ahmed Al Aulaqi at the opening of the Representative Office and Sri Lanka’s Ambassador Designate to the UAE Her Excellency Professor Arusha Cooray speaking at the event.