The Commercial Bank of Ceylon Bangladesh has been honored as the “Most Innovative Foreign Banking Brand – Bangladesh” by Global Brands Magazine, UK, recognizing its pioneering efforts to redefine financial accessibility and technological integration in the country. The bank’s innovations include its Automated Banking Centres (ABCs), which combine real-time Cash Deposit Machines, Cheque Deposit Machines, and KIOSK systems to streamline transactions and reduce wait times for customers 3. These centers, operational in key locations like Motijheel, reflect the bank’s commitment to enhancing operational efficiency and customer convenience.
Additionally, the bank has introduced PayMaster, a corporate digital platform designed to simplify daily financial operations for businesses, and Two Factor Authentication (2FA) for secure online transactions without physical cards. Its e-passbook service, a first-of-its-kind digital solution in Bangladesh, allows customers to manage accounts electronically, aligning with the nation’s push toward a cashless economy.
This award underscores the bank’s role in driving Bangladesh’s fintech evolution through practical, customer-centric solutions. By prioritizing localized needs—such as rural banking kiosks with biometric authentication—and maintaining a AAA credit rating for 13 consecutive years, the bank continues to set benchmarks in innovation, reliability, and inclusive financial practices.
