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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 .
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In January 2006, the Linde Group made a preliminary proposal to acquire BOC based on a £15 per share all-cash offer, which was rejected by the BOC board of directors. In March 2006, the second proposal based on a £16 per share all-cash offer, valuing the company at £8.2bn (US$14.4bn; €12bn), was accepted and takeover was completed on 5 ...
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]
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