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The full form of BOC is the Bank of Ceylon. It is a national bank in Sri Lanka that was founded in 1939 and has its headquarters in Colombo. In terms of assets, deposits, and loans, BOC is the largest bank in Sri Lanka. More than 300 branches and offices make up its nationwide network, and it also has operations in a number of foreign nations. By offering financial services to a number of industries and sectors of the economy, including trade, industry, and agriculture, the bank significantly contributed to the growth of the nation’s economy, notably during the post-independence era. It was crucial in the execution of government development goals and programs.
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Highlights of BOC
| Name of the Bank | BOC |
| BOC Full Form | Bank of Ceylon |
| Sector | Financial Services |
| Year of Establishment | 1st August 1939 |
| Founder | Sir Andrew Caldecott |
| Headquarters | Colombo, Sri Lanka |
| Services active in other countries | India, Maldives, Seychelles |
| Services Offered | Retail Banking, Corporate Banking, Investment banking, Insurance, and Leasing to name a few. |
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Features of BOC
- BOC is known for its wide range of financial products and services including personal, corporate, international, and investment banking.
- BOC is also famous for its social responsibility and has consistently supported and initiated many development programs for the communities in Sri Lanka.
- 628 subsidiaries, 689 ATMs, 23 CDM networks, and 15 regional credit centers make up the bank’s extensive global network.
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