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Home >> Banks in India >> Bank of Ceylon India

Bank of Ceylon India


The Bank of Ceylon is a leading bank in Sri Lanka. The bank is fully owned by the Government of Sri Lanka. The present Chairman of Bank of Ceylon is Dr. Gamini Wickramasinghe.

History

The Bank of Ceylon (BoC) was set up by Sir Ernest de Silva in 1939. The Sri Lankan bank opened its first branch in Kandy in 1941. In 1949, BoC started its first overseas banking operations in London. Bank of Ceylon was taken over (nationalized) by the Sri Lankan Government in 1961. The Bank of Ceylon expanded its business activities in the South Asian region from 1981. A bank branch was opened in Male, Maldives in 1981 and in Karachi, Pakistan in the year 1995. A branch also started functioning in Chennai, India from the same year. Bank of Ceylon acquired a 15% stake in Pakistan's Dawood Bank in 2003.

Banking Services

Bank of Ceylon in Sri Lanka provides to its valued customers a bouquet of international standard services that include Wholesale, Retail, Development or Investment Banking. Standard banking benefits like SLIPS, RTGS, and Safe Deposit services are also offered to its patrons. Custodial and Pawn broking services are available. Bank of Ceylon also issues Credit Card facility to its customers.

Particulars

Bank of Ceylon interacts with its customers by a network of 303 domestic and 3 overseas branches. The Indian branch of the Sri Lankan bank is situated at the Southern Indian city of Chennai, Tamil Nadu. Bank of Ceylon recorded a pre-tax profit of Sri Lankan rupees 4,138 million during the Financial Year ending December 31, 2006. If you wish to know more about Bank of Ceylon, please click on the following links:

Address
Bank of Ceylon
Chennai Branch No.1090
Poonamallee High Road
Chennai 600 084.
India.
Telephone : 0091 44 26420972 – 74 0091 44 42040972/ 42042256


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