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Indian Overseas Bank; MCB Bank; National Development Bank; Nations Trust Bank; Pan Asia Bank; People's Bank; Public Bank Berhad; Sampath Bank; Seylan Bank; Standard Chartered Bank; State Bank of India; Hong Kong and Shanghai Banking Corporation (HSBC) Union Bank of Colombo; Source: Central Bank, March 2021 [1]
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 .
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 ...
The government of Sri Lanka holds 51% of the bank's stocks, mainly through the National Housing Development Authority. HDFC Bank is one of the LMD 100 companies in Sri Lanka. The bank ranked 78th in the 2020/21 edition. [2] Brand Finance calculated the brand value of HDFC Bank to be LKR763 million in 2022. [3] Due to the effects of the Sri ...
Listed on the Colombo Stock Exchange since 1956 and with nearly seven decades of banking expertise, DFCC Bank is one of the nation's most reliable and longstanding banks. Regulated by the Central Bank of Sri Lanka and rated A (lka) by Fitch Ratings, DFCC Bank provides a comprehensive range of corporate, retail, and SME banking services ...
Pan Asia Banking Corporation PLC is a public limited company incorporated in Sri Lanka.The bank currently has 85 branches across Sri Lanka. A public limited liability company incorporated in Sri Lanka on 6 March 1995 under the Companies Act No. 17 of 1982 and re-registered under the Companies Act No.07 of 2007.
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).
Sampath Bank was the first to introduce the use of ATMs, 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 during the transfer to IT-induced banking, the bank was able to launch Internet Banking, Internet Payment Gateways and ...