News Column

Sri Lanka : BOC Ranked above all Sri Lankan Banks; Among Top 1,000 Global Banks

July 25, 2014



Sri Lanka s leading Bank with 75 years of strength, trust and stability, the Bank of Ceylon is proud to receive global recognition once again as one of the top 1,000 banks in the world, from the world s premier banking and finance Magazine, The Banker . The Top 1,000 banks were selected in recognition of their achievements as global leaders in the industry. The rankings are one of the industry s most widely used indexes in global banking, and are internationally recognized as the definitive guide to the soundness, strength and profitability of banks. The Banker Magazine, first published in January 1926 in U.K and currently circulated over 180 countries, is the key source of data and analysis for the industry in international financial affairs.

BOC possesses the strength and the diversity of resources to offer a complete range of financial solutions to its customers. Our multi-faceted offering is one of our greatest strengths. From the children s savings account to corporate credit, from the state sector to private companies, we serve at every level. The bank has the strength and the diversity of resources to offer its customers a range of financial solutions; such as Corporate Banking, Personal Banking, Islamic Banking, Investment Banking, Off-shore Banking, Development Banking, International and Treasury operations and Trade Financing services, through its widely spread network of 618 branches covering all parts of the country. The clear-cut market leader in banking, BOC now boasts over 1000 customer touch points and over 10 million account holders and offers the full range of banking services through its overseas branches in Chennai, Male, Seychelles and Banking operations in London.

The Bank also laid claim to a unique position as the only Sri Lankan brand recognized as one of Asia s Best Brands in 2013 by the Chief Marketing Officer s Council (CMO Council) based in Mumbai, India. Brand Finance Lanka ranked Bank of Ceylon as the No.1 Brand in Sri Lanka for the last six consecutive years. The Bank of Ceylon recorded yet another hat-trick in 2013 at the National Business Excellence awards ceremony organized by the National Chamber of Commerce. Focusing on the Banks achievements, Fitch Rating Lanka ranked the Bank of Ceylon at AA+(lka) which is the highest rating awarded to a local commercial bank.

On the 1st of August 2014, Bank of Ceylon will celebrate its 75th Anniversary a unique milestone in a journey of dedicated service and of continuous growth in strength, geographic reach, expertise and capability. Leading the banking and financial sector in Sri Lanka since 1939, BOC has constantly succeeded in contributing to the growth of our nation and continues to assist the development of the country and guiding entrepreneurs to reach greater heights which makes Bank of Ceylon ,truly, the bankers to the nation .


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Source: TendersInfo (India)


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