FOREIGN BANKS IN INDIA – BANK OF CEYLON
FOREIGN BANKS OF INDIA – BANK OF CEYLON
Bank of Ceylon is a government-owned major commercial bank based on Sri Lanka. Its head office is located in iconic cylindrical building in the capital Colombo, the political and commercial capital of the island. The BOC Bank has a network of 308 branches and 200 extension centers covering all parts of the island in real time operation.
Bank Of Cyelon, in Addition to the local presence, operates in-house Off-shore Banking Unit in the head office, Colombo and 3 overseas offices in (London, Male and Chennai) which all of them are member banks for SWIFT having BCEYLKLX for all Sri Lankan Branches and have appointed agents in all countries in the world for more convenient banking to its all customers.
Bank of Ceylon (BoC) was founded in 1939, with Sir Ernest de Silva as its first Chairman. At that time, Ceylon was a British colony and the then governor Sir Andrew Caldecott ceremoniously opened the bank on 1st August. The English government introduced the banking arm for its government oriented businesses. Two years later in 1941, Bank of Cyelon 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.