1989: The bank joined with the Visa International to introduce the first credit cards business to Sri Lanka.The new building enabled the bank to house all its administrative offices and central operations in one location. Sri Lankans have nicknamed the building ( Pittu bambuwa "පිට්ටු බම්බුව") a Sinhalese term used for a cylindrical cooking implement. 1987: The bank moved into its 32-storey headquarters.1982: BOC founded the first merchant bank in Sri Lanka, which was named the Merchant Bank of Sri Lanka.
1981: BOC passed another big milestone by opening the second overseas branch, this one in Malé, Maldives. This liberalization of exchange control regulations led the bank to open its first Foreign Currency Unit to handle the booming demand for non-local currency business. 1979: the then government relaxed the exchange control regulations. As a result, the branch network of the bank expanded tremendously to the majority of Sri Lanka's rural areas. The government also passed the Agricultural Productivity Law, which forced the bank to open Agrarian Service Centre branches in almost all villages in the country. However, the bank did not rename itself accordingly. 1972: The then government declared the name of the country to be Sri Lanka. Ilangaratne, Minister of Commerce, Trade, Food and Shipping oversaw the nationalisation of the bank. 1953: Chelliah Loganathan was the first Sri Lankan appointed as General Manager and Chief Executive Officer. The branch helped the bank and the government handle their international business. 1949: BoC opened its first overseas branch in London, United Kingdom. The Central Bank of Sri Lanka was established in 1949 and it assumed responsibility for monetary policy and bank regulation. 1948: Ceylon obtained her independence from the British the monetary authorities were transferred to Sri Lanka. Subsequently, BOC added branches in major cities such as Galle, Jaffna, Kurunegala, Batticaloa, Trincomalee, Badulla, and Panadura. Two years later, in 1941, BoC started to expand beyond the city of Colombo. The British government introduced the banking arm for its government-oriented businesses. At the time, Ceylon was a British colony and the then governor Sir Andrew Caldecott ceremoniously opened the bank on 1 August. In addition to the local presence, the bank maintains an off-shore banking unit in the head office in Colombo, three branches in Malé, Chennai, and Seychelles, and a subsidiary in London.īank of Ceylon (BOC) was founded in 1939, with Sir Ernest de Silva as its first chairman. It also has an around-the-clock call centre and an around the clock branch at its Colombo office. 
The bank has a network of 628 branches, 689 automated teller machines (ATMs), 123 CDM network, and 15 regional loan centres within the country. Its head office is located in an iconic cylindrical building in Colombo. Transnational Lanka Records Solutions (25%)īank of Ceylon ( BOC Sinhala: ලංකා බැංකුව Lanka Bænkuwa| Tamil: இலங்கை வங்கி Ilangai Vangi) is a state-owned, major commercial bank in Sri Lanka. Southern Development Financial Company (42%) Merchant Bank of Sri Lanka & Finance PLC (75%)
0 kommentar(er)
