7:45 am - Monday October 27, 2025

Indian Banks

The Bank of Ceylon
 
OVERVIEW

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 305 local and 3 overseas branches (London, Male & Chennai) and the Off-shore Banking Unit. 
 

PRODUCTS

Term Loans

Syndicate Loans

Bridging Finance Loans 

Demand Deposits

Initial Deposit of USD 5,000/- or its equivalent in other designated currencies is accepted to open a Demand Deposit Account.  Payments will be made on written instructions as cheque books are not issued .

Time Deposits

Minimum Deposit of USD5,000/- or its equivalent in other designated currencies is accepted.  Deposits may be placed on  7 Day Call , 3 Months , 6 Months or 12 Months.  Attractive interest rates based on the prevailing international market rates are applicable for the Time Deposits.
 
Inward outward remittances
 
Financing and Advisory Services
ADDRESS
Bank of Ceylon4, Bank of Ceylon Mawatha,Colombo – 01 Sri Lanka 094 11 2446790-811(22 lines) 094 11 2338741 –55 Email : boc@boc.lk
WEBSITE
http://www.boc.lk

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