background image

BOC AT A GLANCE

“BANKERS TO THE NATION”

Bank of Ceylon, the country's top licensed commercial bank
is solely owned by the Government of Sri Lanka. BoC holds a
significant share in the Banking industry in terms of Assets, Loans
and Advances, Deposits, Profits and remittances and holds over
22% share of industry assets, deposits and loans and advances.

As a Domestic Systemically Important Bank (D-SIB), our
commitment goes beyond transactions; it extends to building
lasting relationships, fostering financial empowerment and steering
the nation’s economic growth. With a legacy of over 80 years and
as a cornerstone of the community, BoC takes pride in offering
a comprehensive suite of banking solutions tailored to meet the
unique needs of its valued customers. With a robust foundation,
cutting-edge technology, and a team of experienced professionals,
the Bank stands equipped to navigate the evolving landscape of
the financial industry.

OUR VISION

To be Nation’s preferred 

bank with a strong global 

presence providing 

customer-centric innovative 

financial solutions. 

OUR MISSION

To provide highly-efficient, 

customer-focused, technologically 

sophisticated, resilient and 

innovative financial services 

to the Nation with global 

access, empowering employees 

and enhancing value to the 

stakeholders.

CORPORATE 

VALUE STATEMENT

 

Being customer-centric

 

Respecting all forms of diversity

 

Committing towards high level of ethics, 

governance and professionalism

 

Focusing towards agility and innovation

 

Being accountable for all our actions.

PROFIT 

BEFORE TAX

LKR 40.3 

billion

ASSETS

LKR 4.4

trillion

DEPOSITS

LKR 3.9 

trillion

LOANS 

AND 

ADVANCES

LKR 2.5  

trillion

EQUITY

LKR 251.7  

billion

EMPLOYEES

8,579

CORRESPONDENT  

BANKING 

RELATIONSHIPS

 

763

CUSTOMER 

TOUCHPOINTS

2,241

CAPITAL 

ADEQUACY

15.8%

background image

OUR GROUP STRUCTURE 

AND KEY BUSINESS LINES

RETAIL BANKING 

We offer a range of financial services, 
such as lending, deposits, payment 
services, and transactional banking 
solutions, in support of small business 
and individuals, from retail clients to 
affluent and high-net worth individuals, 
and entrepreneurs, both digitally and 
in person.

CORPORATE AND 

OFFSHORE BANKING

We provide a variety of financial 
services, including corporate funding 
and deposits, project financing, trade 
services and offshore banking facilities 
catering to the private sector and state 
sector corporates and institutions. 

INTERNATIONAL, TREASURY, 

INVESTMENT AND OVERSEAS 

OPERATIONS

The Bank’s International Division 
handles foreign currency operations, 
while Treasury Divisions manages 
liquidity and fund management, 
and Investments Division handles 
investments activities. The Overseas 
Operations cluster is responsible for 
the Bank’s overseas branch operations.

 

BoC holding

 

Non-controlling interest

Associates

Subsidiaries

Ceybank Asset 

Management Limited

Bank of Ceylon 
(UK) Limited

Property 
Development 
Limited

Hotels Colombo 
(1963) Limited

Ceybank Holiday 
Homes (Private) 
Limited

BOC Management &  
Support Services (Private) Limited

BOC Travels 
(Private) Limited

BOC Property Development & 
Management (Private) Limited

Merchant Bank of   
Sri Lanka & Finance PLC

MBSL Insurance 
Company Limited

Southern Development 

Financial Company 

Limited* 

Transnational Lanka 

Records Solutions 

(Private) Limited

Lanka Securities 
(Private) Limited

43.36%

100.00%

100.00%

100.00%

100.00%

14.28%

85.72%

7.94%

53.81%

100.00%

84.5%

76.56%

45.47%

97.89%

99.99%

41.67%

24.69%

44.51%

20.00%

29.00%

* Not in Operation

BANK OF CEYLON

background image

OUR FOOTPRINT

Bank of Ceylon maintains its position as 
Sri Lanka’s locally incorporated largest 
bank, determined by its significant 
assets, deposits and loans and advances. 
With an extensive footprint comprising of 
a network of over 2,200 direct customer 
touchpoints, including fully-equipped 
and mobile branches, SME centers, 
ATMs, CDMs and CRMs island-wide, 
the Bank promotes financial inclusion 
across all provinces of the country. 
The Bank also operates overseas with 
three branches in India, Maldives, and 
Seychelles, a limited services branch in 
Hulhumale and a fully-owned subsidiary 
in London, United Kingdom.

OUR DIGITAL PRESENCE 

www.boc.lk

INDIA

SEYCHELLES

UNITED KINGDOM

BOC AT A GLANCE

MALDIVES

North Central Province

Eastern Province

North Western Province

Central Province

Western Province

Uva Province

Sabaragamuwa Province

Southern Province

Northern Province

● 

Branches

 

Limited Services Branches

 

Mobile Branches

 

ATM/CDM/CRM

 

SME Centres

 

BoC Connect

50

63

55

59

65

131

43

49

65

03

07

03

03

07

37

04

02

03

01

01

01

01

01

02

01

01

01

120

109

96

145

154

434

111

133

178

01

01

01

02

02

01

02

02

03

08

09

08

05

13

09

09

09

07

03

01

06

Overseas Operations

Correspondent Banking Relationships

Exchange Houses

763

94

background image

BoC is a purpose-driven bank which is focused on environmental sustainability and 

responsibility towards community. It has a proud track record of doing its business in an 

ethical and sustainable manner contributing positively to society.

The Bank is committed 

to uphold good 

governance and ESG 

leadership with its 

vision of ‘Sustainable 

Development through 

Social, Environmental, 

and Economic bottom 

line’.  

 

The Bank is recognised 

for its stellar performance 

across key indicators, 

highlighting BoC’s 

resilience as ‘Bankers 

to the Nation’. 

The Bank has a competitive Retail Banking business, 

a strong Corporate Banking franchise, and a 

scalable overseas presence, with a diverse range of 

lending and deposits products and other financial 

service products.

Holds the leadership position in the nation as 
the forerunner in

 ‘Going green’, lending to 

individuals, retail and corporate enterprises, and 
is the market leader holding a significant share in 
Loans and Advances. 

SHARE OF 

INDUSTRY

ASSETS

SHARE OF 

INDUSTRY 

LOANS AND 

ADVANCES

SHARE OF 

INDUSTRY 

DEPOSITS

22%

23%

23%

BoC

Industry

Top-tier client 

satisfaction metrics and 

unmatched customer 

penetration of 

over 73%.

Strong risk 

management 

track records.

• Our correspondent banking 

relationships in overseas 

• Market leader in inward 

remittances

• The diverse employee base 

E

S

G

Page 52

Pages 12-13

WHAT DIFFERENTIATES US

BoC is the 

No.1 banking brand

 

in Sri Lanka with a brand value 

of 

LKR 50.2 billion 

which sets it 

apart from its competitors.

TOP 1000 BANKS 

IN THE WORLD

FOR 2023

BANK OF THE YEAR 2023

(SRI LANKA)

BEST HR ORGANIZATIONS 

TO WORK FOR - GLOBAL HR 

EXCELLENCE AWARDS 2023

Pages 73-82

Pages 103-109