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%
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
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
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