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	Responsibility in the Marketplace   Responsibility in the Workplace   Responsibility in the Community   Responsibility in the Environment   Commercial Bank set up a CSR Fund in 2004 with a seed capital of Rs. 25.0 Mn. In 2008, the Bank contributed a further Rs. 20.0 Mn to the Fund. Over the five years since its establishment, the Bank has contributed a total of Rs. 85.6 Mn to the Fund. The Fund balance as at the year end was Rs. 65.7 Mn. The Bank’s community investment strategy is aimed at fostering self-reliance, independence and creativity among the most deserving Sri Lankans   2008 2007 Total Community Investment Programme (Rs. Mn) 23.220 29.740 Total Community Investment Programme as a percentage of underlying after-tax profit (%) 0.54 0.72 Total Community Investment Programme spend per employee (Rs.) 5,746 7,941 This Fund provides much of the base for the Bank’s community assistance programmes. The major part of the CSR activities of the Bank is handled by the Commercial Bank CSR Trust, which is headed by the Chairman of Commercial Bank. The CSR activities of the Bank broadly encompass the areas of education, healthcare and poverty alleviation. Additionally care of disabled soldiers and assisting those affected in the war-torn areas have also been added to the range of activities in recent times, taking into consideration the present day realities. The activities of the CSR Trust are managed by the Co-ordinator of the CSR Trust. The Co-ordinator entertains various requests for projects received through branches as well as directly. These proposals are evaluated and recommended by the Co-ordinator to the governing body of the CSR Trust for its approval. The Bank’s community investment strategy is aimed at fostering self-reliance, independence and creativity among the deserving segments of Sri Lankans. All donations have to conform to this strategy. Some of the major projects undertaken last year were: Programme/Activity Description Year of Commencement Status Update Scholarships to undergraduates The total scholarship recipients as at year end was 125 2006 An on-going programme Village development programme Three-fold objective, viz, Financially assist small-scale entrepreneurs; improve infrastructure of the village; and uplift the social well-being of all segments of the village community. Udawela village in the Kurunegala District was the first recipient of our assistance under this Programme. A primary school in the village was upgraded in addition to other on-going programmes in this village 2008 An on-going programme Refurbishment of the dental clinic at Deniyaya Base Hospital One-off project 2008 Completed Co-sponsorship of promotional video to inspire patients afflicted with cancer One-off project 2008 Completed Rehabilitation and reconstruction of access pathway between Seethagangula and Thenna of Sri Pada (Adam’s Peak). We are also contributing to the efforts to have it declared as a World Heritage Site 2008 Completed Renovation of Maternity Ward of Galewela Hospital One-off project 2008 Completed Capacity Building Training Programmes for Micro Entrepreneurs in Ampara & Monaragala Districts in collaboration with Agromart Foundation One-off project 2008 Completed Donation of equipment to Cancer Hospital, Maharagama One-off project 2008 Completed Donation to Camilla School - Mattegoda One-off project 2008 Completed Ridi Viharaya - Decorating & Constructing Lamp Post One-off project 2008 Completed Construction of road way and a drainage system at Deaf & Blind School, Ratmalana One-off project 2008 Completed Gamini Dissanayake Foundation One-off project 2008 Completed Donation to Peter Weerasekara Foundation One-off project 2008 Completed Renovations to Hikkaduwa Government Hospital One-off project 2008 Completed Medical Equipment to Matara General hospital One-off project 2008 Completed   >
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