Bank of Ceylon's asset
Bank of Ceylon

@boc.lk

It opened its first branch in 1941 at Kandy and subsequently in outstation towns, such as Galle, Jaffna and Trincomalee.

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About

Description

Bank of Ceylon (BOC) is one of the largest and oldest banks in Sri Lanka. It was established in 1939 under the Bank of Ceylon Ordinance, and it is a state-owned commercial bank. BOC has since played a significant role in the country's economic development and is renowned for its strong commitment to social responsibility.


The bank's headquarters is located in Colombo, Sri Lanka. The impressive 32-story BOC Tower serves as its main office. The tower, completed in 2000, is a symbol of the bank's modern and progressive approach.


Bank of Ceylon offers a wide range of products and services to its customers. These include personal and corporate banking, international banking, treasury and investment services, trade finance, remittances, electronic banking, and various loan facilities. On a global scale, Bank of Ceylon has expanded its footprint through a network of branches and representative offices in key locations worldwide.


The bank has subsidiaries in the Maldives, the United Kingdom, India, Seychelles, and soon Australia. It also has joint ventures in Nepal and Myanmar. These strategic partnerships have allowed BOC to provide seamless banking services to its global customer base.


In terms of market position, Bank of Ceylon is considered one of the leading banks in Sri Lanka. It consistently ranks among the top banks in the country in terms of total assets, deposits, and loans disbursed. The bank has been recognized with numerous accolades and awards for its performance, including being named as one of the 'Top 1000 Banks in the World' by The Banker magazine.


Over the years, Bank of Ceylon has achieved several milestones and made significant contributions to the banking landscape in Sri Lanka. It has been at the forefront of providing financial support in times of crisis and has actively promoted initiatives for social and environmental sustainability. As of the latest updates, Bank of Ceylon continues to operate as a leading bank in Sri Lanka and expand its presence globally.


The bank focuses on embracing technology and innovation to provide convenient and secure banking services to its diverse customer base. Its dedication to customer satisfaction and financial inclusion has solidified its position as a trusted and reliable institution

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Company Type

Government Agency

Company Size

5001-10,000

Year Founded

1939

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