Thursday 17 May 2012

Bank of Ceylon

  Unknown       Thursday 17 May 2012

Bank of Ceylon
Type
Government-owned corporation
Industry
Finance
Founded
1939
Headquarters
Colombo, Sri Lanka
Area served
Sri Lanka
Maldives
India
United Kingdom
Key people
Sir Ernest de Silva (Founder-Chairman)
Products
Banking, financial and related services
Website
Bank of Ceylon (als o popularly abbreviated as: BOC (read as bee-oo-see)) is a government-owned, major commercial bank in Sri Lanka. Its head office is located in iconic cylindrical building in the capital Colombo, the political and commercial capital of the island
Bank of Ceylon (BoC) was founded in 1939, with Sir Ernest de Silva as its first Chairman. At the time, Ceylon was a British colony and the then governor Sir Andrew Caldecott ceremoniously opened the bank on 1 August. The English government introduced the banking arm for its government oriented businesses. Two years later, in 1941, BoC started to expand beyond the city of Colombo. It opened its first branch in Kandy. Subsequently BoC added branches in major cities such as Galle, Jaffna, Kurunegala, Batticaloa, Trincomalee, Badulla, and Panadura.
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