Bank of Ceylon

Bank of Ceylon
Company typeGovernment-owned corporation
IndustryBanking, financial services
Founded1939 (1939)
FounderSir Ernest de Silva
HeadquartersBOC Square, Bank of Ceylon Mawatha, Colombo, Sri Lanka
Number of locations
582 (2020)
Area served
Sri Lanka
Maldives
India
United Kingdom
Seychelles
Key people
Kavinda de Zoysa (Chairman)
W. P. Russel Fonseka (General Manager and Chief Executive Officer)
ServicesRetail banking, corporate banking, investment banking
Revenue Rs 252.756 billion
(US$ 1.325 billion) (2020)
Rs 22.246 billion
(US$ 333.113 million) (2020)
Rs 16.307 billion (2020)
(US$ 95.302 million) (2020)
Total assets Rs 2.982 trillion (2020)
(US$ 16.002 billion) (2020)
Total equity Rs 156.659 billion (2020)
(US$ 840.410 million) (2020)
Number of employees
8,479 (2020)
ParentMinistry of Finance
SubsidiariesCeybank Asset

Bank of Ceylon (UK) Limited (100%)
Property Development PLC (96%)
Hotels Colombo
Transnational Lanka Records Merchant Bank of Sri Lanka & Finance PLC (75%)
Ceybank Asset Management Limited (43%)
Southern Development Financial Company (42%)
Transnational Lanka Records Solutions (25%)

Lanka Securities (20%)
Websitewww.boc.lk

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.

The bank has a network of 651 branches, 715 automated teller machines (ATMs), 159 CDM, 582 CRM network, and 15 regional loan centres within the country. It also has an around-the-clock call centre and an around the clock branch at its Colombo office.

In addition to the local presence, the bank maintains an off-shore banking unit in the head office in Colombo, three branches in Malé, Chennai, and Seychelles, and a subsidiary in London.