What is the Full Form of BOC?

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BOC Full Form

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.

Also Read: What is the Full Form of CSB Bank

Highlights of BOC

Name of the BankBOC
BOC Full FormBank of Ceylon
SectorFinancial Services
Year of Establishment1st August 1939
FounderSir Andrew Caldecott
HeadquartersColombo, Sri Lanka
Services active in other countries India, Maldives, Seychelles 
Services OfferedRetail Banking, Corporate Banking, Investment banking, Insurance, and Leasing to name a few.

Also Read: What is the Full Form of ED

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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