Cargills Bank PLC was recently presented with the prestigious Silver Award in the “Newly Listed Companies” Category at the TAGS Awards 2024, conducted by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). The bank was also recognised with a Certificate of Recognition in the Special Award Category for Integrated Reporting. These accolades highlight Cargills Bank’s dedication to the principles of transparency, accountability, governance, and sustainability, in its corporate and financial reporting – values that are central to the TAGS Awards’ vision of enhancing reporting standards in Sri Lanka.
Organised by CA Sri Lanka, the TAGS Awards is among the most prestigious national platforms for recognising excellence in corporate reporting. The Awards set a high benchmark for businesses, rewarding those that go beyond financial performance to showcase their broader commitments to governance and sustainable growth. In receiving these awards, Cargills Bank has clearly demonstrated its commitment to embracing these values as guiding principles, not just in its reporting practices but also in its day-to-day operations.
Commenting on Cargills Bank’s success at the TAGS Awards, Senarath Bandara, Managing Director and CEO said, “It is an honour for us to be recognised at the TAGS Awards 2024. These accolades reflect our unwavering dedication to upholding the highest standards of transparency, accountability, and sustainability in everything we do. At Cargills Bank, we see integrated reporting as more than a regulatory requirement, as it is a powerful tool to communicate our values, strategy, and the impact we create for our stakeholders. Accordingly, these achievements inspire us to continue our journey of excellence as Sri Lanka’s most progressive bank.”
Cargills Bank’s recognition at the TAGS Awards 2024 underscores its ability to present a cohesive narrative of financial and non-financial performance, providing all stakeholders with easy access to important financial and corporate information and analytics. This approach demonstrates how the bank integrates sustainability and governance into its operations, ensuring that it remains accountable, not just to shareholders but to all stakeholders.
The accolades received by Cargills Bank at the TAGS Awards 2024 thus reflect its forward-thinking vision of balancing commercial success with its broader social and environmental responsibilities. The recognition also serves to inspire Cargills Bank to further align its practices with global standards, as it continues to create value for its customers, employees, and the communities it serves by harnessing the spirit of progress in every Sri Lankan.
The Bank also received a certificate of compliance at the CMA Excellence in Integrated Reporting Awards – 2024 endorsing our commitment to provide clear and meaningful reporting to our stake holders both on financial and non-financial reporting.
About Cargills Bank
With a vision to be Sri Lanka’s most inclusive bank driven by digital enablement, Cargills Bank is rated A(lka) by Fitch Ratings Lanka and is the financial services arm of the Cargills Group, providing a full range of banking and financial services.
The bank’s services include a full range of savings and current account products, investment planner accounts, credit & debit cards, consumer loans, SME and Corporate financing and a range of flexible and convenient digital banking services, ensuring 24/7 access and absolute convenience. In addition to branches, ATMs and digital channels, Cargills Bank accounts are also accessible through Cargills supermarkets islandwide and customers enjoy free cash deposits and withdrawals at over 530 Cargills supermarkets courtesy of the Supermarket Banking operation of Cargills Bank.
Cargills Bank is headquartered in Colpetty in Colombo and maintains branches at Maitland Crescent, Maharagama, Old Moor Street, Wattala, Kandy, Peradeniya, Nuwara Eliya, Chilaw, Fort, Rajagiriya, Ratnapura, Thanamalwila, Matara, Galle, Kurunegala, Kaduruwela, Vavuniya, Chunnakam, Jaffna Nawalapitiya, Negombo, Anuradhapura and Bandarawela. The Bank’s branch network is bolstered by 30 Cargills Bank MINI service points located within selected Cargills Food City outlets that carry out banking functions such as account opening and customer support.
