Sunday 21 July 2013

BOC ranked one of the top 1000 banks in the world, No: 01 in SL

Bank of Ceylon (BOC),  country’s  number one with 74 years experience  in banking sector,  received the global recognition as one of the top 1,000 banks in the world, by The Banker Magazine, the world’s premier banking and finance Magazine,  in July 2013. The Top 1,000 banks were selected in recognition of global leaders in the industry for their achievements. The rankings are one of the industry’s most widely used index of global banking, and are internationally recognized as the definitive guide to the strength, size, soundness, profitability, performance of banks. The Banker Magazine first published in January 1926 in U.K, circulated over 180 countries is the key source of data and analysis for the industry in international finance affairs.

Bank of Ceylon serves over ten million account holders island wide. Fitch Rating Lanka Ltd affirms Bank of Ceylon’s national long-term rating to AA+ (lka) stable outlook which is the highest rating awarded to a local commercial bank. Brand Finance Lanka ranked BOC as the number one  brand in Sri Lanka for the 5th consecutive year in 2013.

BOC serves at every level from the children’s savings account to corporate credit, for state sector and private companies. The bank has the strength and the diversity of resources to offer its customers a range of financial solutions; such as Corporate Banking, Retail Banking, Islamic Banking, Investment Banking, Off-shore Banking, Development Banking, International and Treasury operations and Trade Financing services, through its widely spread branch network over 609 covering all parts of the country. At the moment the bank has over 1,300 touch points covering branches and foreign corresponding agents. Bank has 503 ATMs island wide covering north, south, east and west.
  
BOC possess the strength and the diversity of resources to offer a complete range of financial solutions to its customers. BOC has further expanded its unprecedented banking and financial services to overseas branches in Chennai and Male and banking operations in London. Maintaining solid partnerships with the private sector, BOC supports infrastructure development activities, provision of working capital and significant investments in Government projects. Aligned with the Government’s pursuit of socio-economic development, bank took major strides to assist in the country’s unprecedented demand for monetary support by easing loans as well as service provisions across the economy, especially in the North and East.

On the 1st of August 2013, Bank of Ceylon celebrates its 74th Anniversary –a voluminous period of strength, success and stature. Leading the banking and financial sector 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 the “bankers to the nation”.