Preface
The saga of Bank of Ceylon (BOC) began on 1st of August 1939 under Bank of Ceylon Ordinance No. 53 of 1938, the Governor of Ceylon, Sir Andrew Caldecott, declared open the maiden office of Sri Lanka’s first state-owned commercial bank in Fort, Colombo.

BOC is licensed commercial bank established under the Banking Act No. 30 of 1988.The registered office is situated at No. 04, Bank of Ceylon Mawatha, Colombo 01, Sri Lanka.

Engaged In
Today having completed more than seven decades of glorious existence, the Bank is firmly entrenched as Sri Lanka’s premier financial services organization offering a broad range of services consists of commercial banking, trade finance, development financing, mortgage financing, lease financing, investment banking, corporate financing, dealing in Government securities, pawn broking, credit card facilities, off-shore banking, foreign currency operations and other financial services. BOC holds the leadership position in its assets, deposits, and foreign currency remittances.

In Island Map and Beyond
As Bankers to the Nation, BOC reached out to all citizens of the country through it’s largest network of 316 branches and 232 extension offices connected online. BOC ATM network 393 in numbers, serve the people 365 days 24 hours in all 24 districts of the country.

BOC operates in 02 overseas locations, namely, Maldives and Chennai. 2 ATMs are located in Male. To serve the migrant communities of the country, we have expanded our services through our representatives at the exchange houses in Qatar, the United Arab Emirates, Kuwait, Bahrain, Oman, the Kingdom of Saudi Arabia, Israel, Jordan, Italy, South Korea, France and Japan.

BOC represent the highest worldwide network with 995 correspondence banks and exchange houses.

Our Group
The Bank has 12 subsidiaries and 6 associate companies in its group structure.

SUBSIDIARIES	Principal Activities
Merchant Bank of Sri Lanka Plc	Leasing and hire purchase, trade finance, corporate advisory services, fund management, capital market activities, corporate secretarial, legal services
Merchant Credit of Sri Lanka Ltd	Acceptance of deposits, granting lease facilities, hire purchase, loans and other credit facilities and real  estate developments and related services
Property Development PLC	Maintain, manage, and develop utility and  value of the BOC head office building
Ceylease Financial Services Ltd	Provides leasing, hire purchase, commercial loan facilities and real estate development and sales
BOC Property Development & Management (Pvt) Ltd	Renting of office space of BOC Merchant Tower in Colombo 03 and Ceybank House in Kandy.
BOC Management & Support Services (Pvt) Ltd	Provides management services
BOC Travels (Pvt) Ltd	Engages in travel related services
Hotels Colombo (1963) Ltd	Provides hotel services
Ceybank Holiday Homes (Pvt) Ltd	Operating of Pilgrims Rests/Holiday Homes/Guest Houses
Bank of Ceylon (UK) Limited	Commercial banking
MBSL Insurance Company Ltd	Offers life and general insurance products
Koladeniya Hydropower (Private) Ltd	Hydropower generation
ASSOCIATES
Lanka Securities (Pvt) Ltd	Equity trading, Debt trading and placement
Ceybank Asset Management Company (Pvt) Ltd	Managing Unit Trust fund and private portfolio
Transnational Lanka Records Solution (Pvt) Ltd	Real estate- renting out properties
Southern Development Financial Company Ltd	Venture capital funding
Mireka Capital Land (Private) Ltd	Purchasing, hiring and acquiring real estate properties, real estate development
MBSL Savings Bank	Offers savings products

Listing
The Debt securities of Bank of Ceylon were listed in the main Board of Colombo Stock Exchange (CSE) from 19 December 2008.

Fitch Upgrades Bank of Ceylon to 'AA+(lka)'
Fitch Ratings Lanka has upgraded Bank of Ceylon's (BOC) National Long-Term rating to 'AA+(lka)' from 'AA(lka)'. The Outlook is Stable. The outstanding subordinated debentures has upgraded to 'AA(lka)' from 'AA-(lka)' and the proposed subordinated debentures of up to LKR5bn has also been assigned 'AA(lka)'.

Governance
In attracting and maintaining public confidence in the institution especially because it is a Government-owned enterprise and the pivotal and dominant role of the Bank in the Sri Lankan economy carrying substantial influence and leadership over many matters of policy and practice,  Bank of Ceylon pursues a strategy of being in line with best practices in respect of Corporate Governance. Bank complied with laws and regulations on Corporate Governance as the critical success factor of a sound control environment and improved operational efficiency and enhanced the brand image.

Community
As Sri Lanka’s foremost Commercial and Government Bank, BOC make significant contribution through sustainable financing, philanthropic and social investments whilst building a healthy business for the benefit of all our stakeholders.