Bank Of Ceylon

The Bank of Ceylon is the leading Commercial Bank in Sri Lanka owned by the Govt. of Sri Lanka.

The Bank successfully continued to maintain its leading and pre-eminent position and attached a high degree of priority to face up to the unprecedented challenges that have today emerged in the banking sphere. In a landmark transaction the Bank was able to arrange the largest ever syndicate loan raised by any Sri Lankan Bank in the International market equivalent to US Dollars 130 million. The most significant feature of the issue was the attractive pricing linked to the London Inter-Bank Offered Rate reflecting the confidence of the international financial community on the risk profile of the Bank and the country. This is the lowest rate ever
paid by any Sri Lankan Bank in raising US$ syndicate loans from the International market. We availed ourselves of every single opportunity to intensify our existing relationships and added to the fine quality of our service with modern banking technologies.

The Bank provides diversified Retail, Wholesale, International, Development/Investment Banking, Services, Credit Cards, SLIPS, RTGS Payments, Safe Deposit, Custodial and Pawn Broking services through a network of 303 local and 3 overseas branches (London, Male & Chennai) and the Off-shore Banking Unit.

There are 202 ATM Machines of BOC and 339 ATM outlets in collaboration with Sampath Bank.

An accelerated IT development programme to bring state of the art convenience banking to customers and update our internal MIS for improved decision making.

The Bank has 9 Subsidiaries and 6 Associate Companies, involving Property Management, Management Services, Travel related services, Primary Dealer. Hotel Operations, Property Development, Financial Services, Merchant Banking, Leasing businesses of the subsidiaries and Stock Broking, Venture capital funding, Property Development, Archives Management, Investment Banking and Fund Management businesses, of the Associates.

The Bank is rated AA(sri) by Fitch Rating, an internationally reputed Credit Agency, and are ranked among the 1000 largest banks in the world. All of which brings added value and credibility to our new slogan: “BOC – the Bank you can trust”.

The Bank practices good corporate governance and transparency by complying with all regulatory requirements and best practices in the industry.

The Bank is committed to follow good corporate citizenship by active involvement in Corporate Social Responsibility via specific budgetary allocation for vital and deserving social welfare projects.

Financial Statements

• Financial Highlights

• as at 31st March 2008 - New
• as at 31st December 2007
• as at 30th September 2007
• as at 31st March 2007
• as at 31st December 2006

• Financial Statements

• as at 31st March 2008 - New
• as at 31st December 2007

• Anual Reports

• year 2007 - New
• year 2006
• year 2005
• year 2004

• From Bankers   Almanac - January 2007 

Source : http://www.boc.lk