BOC tower (left) with the WTC twin towers (right)
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Government-owned corporation | |
Industry | Banking, Financial services |
Founded | 1939 |
Founder | Sir Ernest de Silva (Founder-Chairman) |
Headquarters | BOC Square, Bank of Ceylon Mawatha, Colombo, Sri Lanka |
Area served
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Sri Lanka Maldives India United Kingdom Seychelles |
Key people
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Ronald C Perera, President's Counsel (Chairman) DM Gunasekara (general manager) |
Services | Retail banking, Corporate banking, Investment banking |
Revenue | LKR 132.91 billion (2015) |
LKR 65.42 billion (2015) | |
LKR 25.27 billion (2015) | |
Total assets | LKR 1.568 trillion (2015) |
Total equity | LKR 81.48 billion (2015) |
Number of employees
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7,980 (2015) |
Website | boc |
Bank of Ceylon (also popularly abbreviated as: BOC) is a government-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cylindrical building in Colombo, the political and commercial capital of the island.
The bank has a network of 628 branches,689 automated teller machines (ATMs), 123 CDM network and 15 Regional loan centres within the country. It also has an around-the-clock call centre at 0094 11 2204444 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, and three branches in Malé, Chennai, and Seychelles and a subsidiary in London.
Bank of Ceylon (BoC) was founded in 1939, with Sir Ernest de Silva as its first chairman. At the time, Ceylon was a British colony and the then governor Sir Andrew Caldecott ceremoniously opened the bank on 1 August. The English government introduced the banking arm for its government-oriented businesses. Two years later, in 1941, BoC started to expand beyond the city of Colombo. It opened its first branch in Kandy. Subsequently BoC added branches in major cities such as Galle, Jaffna, Kurunegala, Batticaloa, Trincomalee, Badulla, and Panadura.