Twelve of Sri Lanka’s brightest young students have been rewarded by Commercial Bank of Ceylon with nearly Rs. 750,000 in scholarships and cash prizes, as Sri Lanka’s largest private bank began the disbursement of ‘Arunalu’ rewards to top achievers at the 2016 Year 5 scholarship examination. Total disbursements are expected to top Rs. 5 million under this year’s rewards programme conducted by ‘Arunalu’ – the bank’s signature savings account for children – which is designed to motivate and support student aspirations. Arunalu rewards students placed first, second or third at the national, district or school levels, through a three-tiered scholarship scheme.