BOC inaugurates a rural development initiative on the theme ‘BOC Gammana’

Alongside the 83rd anniversary, the Bank of Ceylon recently inaugurated a rural development initiative under the auspices of the Bank’s President, Kanchana Ratwatte, and Managing Director, KED Sumanasiri, and with the support of Polonnaruwa District Secretary, WA Dharmasiri , with the participation of other key bank officials.

The initiative called “BOC Gammana” program started with “Tissa-amuna”, a village located in Medirigiriya area in Polonnaruwa district, as the first village to be taken over.

The program was implemented by the Consumer and Development Banking Division and the initiative aims to improve the financial literacy and livelihoods of the rural population residing in the poor rural peripheries of the country.

BOC has structured a range of special programs to reach these target groups and a number of programs have already been successfully implemented.

In line with the “BOC Gammana” initiative, the Bank has carried out several initiatives in the village of Tissa-amuna to develop the communal facilities and infrastructure of the village, including the renovation of the village reservoir, its road network and the rehabilitation of the village temple.

In order to preserve the greenery of the village, BOC has also launched a tree planting program around the reservoir.

“As our rural population represents a vital part of the heart of our economy, rural development programs play a crucial role in unlocking the true potential of this sector which would ultimately help fuel the overall economic development of our country. As the first bank in the country and the first state-owned bank, I believe that BOC has a special role to play in developing the rural economy and improving the livelihoods of rural people. In this context, I would like to emphasize that “BOC Gammana” is a unique rural development program undertaken by BOC,” said Managing Director KED Sumanasiri.

“In addition to helping rural economies, we are confident that this program will also contribute to improving the financial literacy of the population and lead to greater popularization of our digital banking services in these rural areas. In particular, I am proud to say that this was the first time that a Sri Lankan bank has pioneered a national project of this nature.During the implementation, we have witnessed great interest among the locals of the village of “Tissa-amuna” and active participation in making this program a success. We are truly happy to become a source of strength for them. I take this opportunity to express my deepest gratitude to Chief Monk of Tissa-amuna. amunavillage, the people of the village, the officers of the regional administration and the director of the Divulankadawala President College and the teachers who joined our staff in the North Central Province to make this program inaugural a resounding success,” commented Mr. Priyal Silva, Deputy Managing Director (Branch Operations and Development Bank) of BOC.

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