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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 British government introduced the banking arm for its government-oriented businesses.
[6] [7] The General Direction No 01 of 2018 as per the Monetary Board of the Central Bank of Sri Lanka under section 44 of the Payment and Settlement Systems Act No 28 of 2005 came into immediate effect as of 25 July 2018 implies to the operations of the Common Electronic Fund Transfer Switch, Lanka Clear (Pvt) Ltd and members of CEFTS. [8]
It is the largest lender to Sri Lanka's Small and Medium Enterprise sector. [7] The Ministry of Finance of Sri Lanka revealed that the Commercial Bank of Ceylon was the biggest lender to SME sector for the year 2020 amounting to an estimated amount of 21.6 billion rupees which was 15% more than the second biggest lender to SME. [8]
The Thonigala Rock Inscription [8] [9] located in the modern day Vavuniya District, dated in the third year of King Kithsirimevan (also known as Kirthi Sri Meghavarna) who reigned in the 4th century A.D., records that a certain minister deposited some quantities of grain and beans with a guild in the northern quarter of the city with the stipulation that the capital should remain unspent and ...
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
Bank of Ceylon - Malé Branch [1] [2] Bank of Maldives; Commercial Bank of Maldives; Maldives Islamic Bank; The Mauritius Commercial Bank (Maldives) Private Limited; The Hongkong and Shanghai Banking Corporation; State Bank of India; Habib Bank Limited
The Central Bank of Sri Lanka has issued commemorative coins since 1957. On 15 December 2010, to mark the 60th Anniversary, the Central Bank of Sri Lanka issued a frosted proof crown size multi-colour silver commemorative coin in the denomination of Rs. 5,000/-. It was the first multi-colour coin issued by the Central Bank.
Mauritius Commercial Bank (Seychelles) Ltd, part of MCB Group; Bank of Baroda, part of Bank of Baroda Group; Seychelles International Mercantile Banking Corporation (SIMBC) trading under the name "Nouvobanq" Seychelles Commercial Bank (formerly Seychelles Savings Bank) Al Salam Bank Seychelles Limited; Bank of Ceylon, part of Bank of Ceylon Group