Bank of Ceylon
Bank of Ceylon (BOC; Sinhala: ලංකා බැංකුව Lanka Bænkuwa|Tamil: இலங்கை வங்கி S.SADHURSHAN iIlangai Vangi) is a state-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cylindrical building in Colombo.
| Company type | Government-owned corporation |
|---|---|
| Industry | Banking, financial services |
| Founded | 1936 |
| Founder | Sir Ernest de Silva |
| Headquarters | BOC Square, Bank of Ceylon Mawatha, Colombo, Sri Lanka |
Number of locations | 582 (2020) |
Area served | Sri Lanka Maldives India United Kingdom Seychelles |
Key people | Kanchana Ratwatte (Chairman) Lalith Withana (Executive Director) |
| Services | Retail banking, corporate banking, investment banking |
| Revenue | Rs 252.756 billion (US$ 1.325 billion) (2020) |
| Rs 22.246 billion (US$ 333.113 million) (2020) | |
| Rs 16.307 billion (2020) (US$ 95.302 million) (2020) | |
| Total assets | Rs 2.982 trillion (2020) (US$ 16.002 billion) (2020) |
| Total equity | Rs 156.659 billion (2020) (US$ 840.410 million) (2020) |
Number of employees | 8,479 (2020) |
| Parent | Ministry of Finance |
| Subsidiaries | Ceybank Asset
Bank of Ceylon (UK) Limited (100%) |
| Website | www |
The bank has a network of 651 branches, 715 automated teller machines (ATMs), 159 CDM, 582 CRM network, and 15 regional loan centres within the country. It also has an around-the-clock call centre and an around the clock branch at its Colombo office.
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.