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BOC among top 1000 world banks for 2024

13 Aug 2024 - {{hitsCtrl.values.hits}}      

Bank of Ceylon (BOC), Sri Lanka’s premier financial institution, announced its inclusion in The Banker magazine’s prestigious list of Top 1000 World Banks for 2024.

The bank been recognised as the only Sri Lankan bank on this list once again in the year 2024. This recognition comes amidst the bank’s 85th anniversary celebrations.

The bank has been a key driver of the country’s economic development, playing a vital role in supporting the nation’s economy and public welfare. Through a range of financial services, BOC has facilitated the growth of businesses, empowered entrepreneurs and supported key sectors such as agriculture, industry and tourism. 

 

With an extensive presence across Sri Lanka, BOC operates over 2,100 touchpoints, including 655 online-connected branches and a widespread network of more than 1,350 ATMs, CDMs and CRMs.

BOC also extends its services internationally, with branches in Chennai, Male, Hulhumale and the Seychelles and a full-fledged banking subsidiary in London.

The Banker magazine, a renowned publication under the Financial Times Group, conducts a rigorous evaluation process annually to compile its Top 1000 World Banks list. The banks are assessed based on a range of performance indicators such as Tier 1 capital, asset quality and profitability.