Bank of Ceylon named ‘Bank of the Year – Sri Lanka’

The Bank of Ceylon, Sri Lanka’s premier financial services entity has been named ‘The Bank of the Year – Sri Lanka’ by the prestigious Banker magazine U.K., The announcement was made to all stakeholders and loyal customers at an event held at the commencement of the new year.

The award which comes on the heels of a volatile year for the financial services industry and the economy, recognises the Bank’s stellar –performance across key indicators and highlights BOC’s resilience and standing, both as a state bank and as ‘Bankers to the Nation’.

Bank of Ceylon was also listed among the Top 1,000 Banks in the world by the magazine for the 12th consecutive year, and is the only Sri Lankan bank to be listed for 2023.

Significantly, the Bank posted an aggregate growth in its balance sheet further highlighting customer confidence. The Bank’s sustained commitment to revolutionising banking and enhancing customer delight is also reflected in the results.

The General Manager Russel Fonseka commenting on this achievement said, “I am humbled and very grateful for this prestigious recognition and wish to thank all our customers and valued partners sincerely for the trust and faith they placed in BOC throughout these years. Our strategic goals are aligned with the global Sustainable Development Goals (SDGs) as we believe in contributing to our national priorities and the community. Our conscious choices reflects in the business model that has sustainability at its core, thus making a meaningful, positive impact on both society and the environment as a responsible corporate citizen”.