Commercial Bank of Ceylon

Comerica Bank's New Lending Platform Accelerates Access to Capital for Small Businesses

Retrieved on: 
Wednesday, June 14, 2023

DALLAS, June 14, 2023 /PRNewswire/ -- Comerica Bank announced today the launch of Comerica Small Business Convenient Capital™, its first fully digital, end-to-end new lending platform to provide convenient access to capital and innovative value-added benefits for Comerica small business customers.

Key Points: 
  • Comerica Small Business Convenient Capital™, powered by Amount, is aimed at providing faster approvals and funding for qualified small business customers
    DALLAS, June 14, 2023 /PRNewswire/ -- Comerica Bank announced today the launch of Comerica Small Business Convenient Capital™, its first fully digital, end-to-end new lending platform to provide convenient access to capital and innovative value-added benefits for Comerica small business customers.
  • Comerica Small Business Convenient Capital is focused on simplifying and accelerating access to capital and on providing faster approvals and funding.
  • Significant perks of the lending platform generally include:
    Instant decisions in most cases, or within 24 hours
    "The Comerica Small Business Convenient Capital platform is the newest of many investments in small business products and services we have introduced this year," said Omar Salah, Comerica Bank's Director of Small Business Banking.
  • For more information about Comerica Small Business Convenient Capital, visit Small Business Financing Solutions | Comerica or visit any Comerica office.

Comerica Bank's 14th Annual Shred Day Returns to Southeast Michigan, Saturday, June 10

Retrieved on: 
Monday, June 5, 2023

DETROIT, June 5, 2023 /PRNewswire/ -- Comerica Bank encourages the public to bring paper documents and electronic devices for recycling to the Comerica Bank Livonia Operation Center (39200 W. Six Mile, Livonia 48152) on Saturday, June 10, from 8 a.m. to 1 p.m., for the return of its 14th annual Shred Day.

Key Points: 
  • The 2022 collection totals surpassed 2019 results, establishing a new record for the largest single-site haul at Comerica's southeast Michigan Shred Day events that first started in 2008.
  • In its 13-year history, Comerica Shred Day in metro Detroit has collected over 1 million pounds of shredded documents that turned into recycled pulp.
  • Gleaners Community Food Bank of Southeastern Michigan will be on site during Shred Day to accept monetary and non-perishable food donations.
  • Last year's totals resulted in more meals generated than any previous 13 metro Detroit Shred Day events.

Comerica Bank Named U.S. Small Business Administration Michigan District Lender of the Year

Retrieved on: 
Thursday, May 4, 2023

DETROIT, May 4, 2023 /PRNewswire/ -- The U.S. Small Business Administration (SBA) named Comerica Bank as the Michigan District Office Lender of the Year for the 2022 fiscal year (Oct. 1, 2021 through Sept. 30, 2022). Comerica, a National SBA Preferred Lender, was also honored among Top 10 Lenders.

Key Points: 
  • DETROIT, May 4, 2023 /PRNewswire/ -- The U.S. Small Business Administration (SBA) named Comerica Bank as the Michigan District Office Lender of the Year for the 2022 fiscal year (Oct. 1, 2021 through Sept. 30, 2022).
  • The U.S. SBA awards the Lender of the Year for the best overall performance by a 7(a) lender in Michigan.
  • "Assisting our small business customers with a wide variety of tools helps them succeed; and providing access to capital for small businesses remains vital in supporting our communities," said Steve Davis, Comerica Bank Michigan Market President.
  • Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back nearly 174 years to its Detroit founding in 1849.

JCB partnered with Lanka Pay and Commercial Bank of Ceylon to launch LankaPay-JCB cards in Sri Lanka

Retrieved on: 
Tuesday, April 4, 2023

TOKYO & COLOMBO, Apr 4, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand partnered with Lanka Pay (Private) Limited (Lanka Pay) and Commercial Bank of Ceylon (Commercial Bank) announced the launch of LankaPay-JCB credit cards in Sri Lanka.

Key Points: 
  • TOKYO & COLOMBO, Apr 4, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand partnered with Lanka Pay (Private) Limited (Lanka Pay) and Commercial Bank of Ceylon (Commercial Bank) announced the launch of LankaPay-JCB credit cards in Sri Lanka.
  • This is the first launch of LankaPay Credit Cards in Sri Lanka and the first time five variants of LankaPay cards -- three credit cards and two debit -- cards were launched by a Sri Lankan Bank.
  • LankaPay cards issued in Sri Lanka by Commercial Bank will feature dual interface functionality, enabling both contact and contactless transactions at point-of-sale terminals connected to the LankaPay payment network.
  • Commercial Bank has been associated with JCB for several years and was one of the first banks in Sri Lanka to acquire both LankaPay Cards and JCB cards under the National Card Scheme.

Detroit Tigers and Comerica Bank Unveil New Fan Experience in 2023

Retrieved on: 
Wednesday, April 5, 2023

DETROIT, April 5, 2023 /PRNewswire/ -- The Detroit Tigers and Comerica Bank this season are unveiling the Comerica Landing, an area of Comerica Park set to enhance the overall fan experience.

Key Points: 
  • DETROIT, April 5, 2023 /PRNewswire/ -- The Detroit Tigers and Comerica Bank this season are unveiling the Comerica Landing, an area of Comerica Park set to enhance the overall fan experience.
  • Fan of the Game: Comerica presents four upgraded seats to the "Fan of the Game" at each of the Detroit Tigers home games.
  • The Detroit Tigers and Comerica's relationships expands beyond the fan experience, focusing also on the impact and legacy of the community.
  • In 2023, the Tigers are set to host the 21st annual Negro Leagues Weekend, presented by Comerica Bank, from July 21-23.