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Bank of Ceylon (BOC; Sinhala: ලංකා බැංකුව Lanka Bænkuwa, Tamil: இலங்கை வங்கி Ilangai Vangi) is a state-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cylindrical building in Colombo .
Commercial Bank of Ceylon PLC (CBC) also known as ComBank is a licensed commercial bank in Sri Lanka and its ownership is private. It was incorporated as a public limited company and it is listed on the Colombo Stock Exchange. It is regarded as the largest private bank in Sri Lanka in terms of net worth and capital. [2]
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; Source: Central Bank, September 2020 [2]
The Central Bank of Sri Lanka was established in 1950, two years after independence. The founder governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time was J. R. Jayewardene. Under the former name of Central Bank of Ceylon, it replaced the Currency Board that until then had been responsible for ...
It is also the location of the Bank of Ceylon headquarters. Along the foreshore of the Fort area is the Galle Face Green Promenade, built in 1859 under the governance of Sir Henry George Ward, the Governor of Ceylon (Sri Lanka) during British colonial era.
[1] [4] He remained in this post until 1969 during which time the bank grew rapidly. [1] Loganathan was a director of the Development Finance Corporation of Ceylon for two years, an adviser to the Development Bank of Philippines and a consultant to the UN Asian Institute for Economic Development and Planning. [1]
In January 2016, Commercial Bank of Ceylon announced that for the first time in Sri Lanka's banking history that the users of the bank's online banking facility could make instant, real-time transfers of funds from their commercial bank accounts to accounts in other banks via LankaPay-CEFTS. [10]
Upon Ceylon's independence, he was asked to become the first Ceylonese Governor General (representative of the King in Ceylon, i.e. de facto head of state), an honour he declined for personal reasons. [4] De Silva was at the pinnacle of upper-class society and, as the wealthiest Ceylonese of his generation, he defined the island's ruling class.