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The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).
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 considered as one of the most systemically important banks in Sri Lanka. 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 ...
1982: BOC founded the first merchant bank in Sri Lanka, which was named the Merchant Bank of Sri Lanka. 1987: The bank moved into its 32-storey headquarters. Sri Lankans have nicknamed the building (Pittu bambuwa "පිට්ටු බම්බුව") a Sinhalese term used for a cylindrical cooking implement. The new building enabled the bank ...
Since its opening in 1986, Sampath Bank is the first bank in Sri Lanka to operate using a fully computerized database. Sampath Bank was the first to introduce the use ofATMs, MasterCard, Personal Banking Unit Facilities, Uni Banking System & Debit Cards (Initially with Cirrus and Maestro and Visa) to Sri Lanka. After its massive re-engineering ...
Hatton National Bank PLC (commonly abbreviated as HNB) is a private bank in Sri Lanka with 255 branches and 825 ATMs. The bank traces its origin to 1888 when Hatton Bank commenced its operations in Hatton, Sri Lanka .
Amãna Bank is the first and only licensed commercial bank in Sri Lanka to conduct all its operations under the principles of Islamic banking and be fully disengaged from interest based transactions, offering the full spectrum of retail banking, SME banking, corporate banking, treasury and trade finance services.