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Cargills Bank PLC is a licensed commercial bank in Sri Lanka. [ 2] It received its license from Central Bank of Sri Lanka to operate domestic and offshore banking business on 21 January 2014 and was ceremonially opened on 30 June 2014. At present the bank consists of 17 branches island-wide with the head office based in Kollupitiya .
Cargills (Ceylon) PLC is a Sri Lankan consumer company which is listed on the Colombo Stock Exchange. It is a market leader in the Modern Retail (supermarkets), FMCG, and Restaurants industries and also has a presence in the Banking, Real Estate, and Cinema sectors. The controlling interest in the company is held by C T Holdings PLC.
The company acquired a license to operate a commercial bank in 2014 and launched Cargills Bank. CT Holdings and Cargills collectively hold over 60% of the bank. In 2013, the Cargills Square was established in Jaffna, which has since been expanded to locations in Gampaha, Dematagoda, Katubedda and Bandarawela. [1]
Licensed Specialised Banks. Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank. Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank. Sri Lanka Savings Bank. State Mortgage and Investment Bank.
Banking education. The Institute of Bankers of Sri Lanka (IBSL), [14] established under Act of Parliament No. 26 of 1979, is the apex body governing banking education. Membership of the institute has five categories: Honorary Fellows, Fellows (life), Associate (life) Members, Associate Members and Student Members (Active).
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LOLC Holdings. LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
Number of employees. 155,000 (2023) [4] Website. www.cargill.com. Cargill, Incorporated is an American multinational food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. [5][6][7] Founded in 1865 by William Wallace Cargill, it is the largest privately held company in the United States in terms of revenue.