Bank of Ceylon Makes History as the Only Sri Lankan Bank in the World’s Top 500 Banking Brands 2026

March 13, 2026

BOC Articles - Bank of Ceylon Makes History as the Only Sri Lankan Bank in the World’s Top 500 Banking Brands 2026

In a historic achievement that places Sri Lanka on the global banking map, Bank of Ceylon (BOC) the most valuable brand in Sri Lanka has been recognised as the only Sri Lankan bank ranked among the World’s Top 500 Banking Brands in 2026 by the internationally renowned brand valuation consultancy Brand Finance.

This landmark recognition marks the first time in history that a Sri Lankan bank has secured a place in this prestigious global ranking, positioning BOC among the world banking brands. The recognition not only highlights the strength of the Bank but also reflects the growing global recognition of Sri Lanka’s financial institutions.

The annual ranking compiled by Brand Finance evaluates banking brands worldwide using internationally recognised methodologies that measure both brand value and brand strength. The assessment considers a wide range of factors including financial performance, brand perceptions - which relate to the level of brand familiarity and the views stakeholders have of a brand; and customer behaviours, which are the impacts that those perceptions have on demand, price, and advocacy.

BOC’s inclusion in this global ranking brings international visibility to an institution that has remained a cornerstone of Sri Lanka’s financial system for more than eight decades.Today, with a network of over 660 branches and more than 2,500 touchpoints, BOC maintains one of the most extensive banking networks in the country. Serving over 16 million customer accounts, the Bank reaches communities across urban, semi-urban, and rural areas, supporting individuals, SMEs, MSMEs, corporates, exporters, importers, entrepreneurs, agricultural enterprises, and public institutions. Also Bank of Ceylon has established a strong presence in key locations such as a Subsidiary in London, UK; branches in Male and Hulhumalé in the Maldives; Chennai, India; and the Seychelles. Through this vast reach, the Bank of Ceylon continues to play a pivotal role in the daily economic life of Sri Lankans while supporting the country’s broader development ambitions.

Chairman Kavinda de Zoysa noted that the achievement is not only a recognition of the Bank’s strength but also a moment of pride for the nation.

“Bank of Ceylon’s recognition among the world’s Top 500 Banking Brands is not only a proud moment for our institution but also a significant milestone for Sri Lanka. For the first time in history, a Sri Lankan bank has earned a place in this prestigious global ranking, demonstrating that our nation’s financial institutions have the strength, credibility, and resilience to stand alongside the world’s leading banking brands.

This achievement reflects the trust placed in us by millions of customers, our strong governance framework, and the unwavering dedication of our employees. As the nation’s bank, our vision extends beyond domestic leadership we are committed to strengthening Sri Lanka’s presence in global financial markets while expanding our international engagement and serving overseas customers.

At Bank of Ceylon, we firmly believe that institutional success must translate into national progress. This recognition reinforces our commitment to continue contributing meaningfully to the country while proudly carrying Sri Lanka’s name onto the global stage.”

The recognition follows another significant milestone for the Bank, which has consistently been recognised as Sri Lanka’s Most Valuable Brand by Brand Finance Lanka and once again regained the top position in 2025 with a brand value of Rs. 57.4 billion. Complementing this achievement, the Bank of Ceylon has also earned the prestigious Superbrand status, further strengthening its reputation as one of the country’s most trusted and influential brands.

General Manager/Chief Executive Officer Y. A. Jayathilaka stated that the achievement reflects both the Bank’s strong legacy and its commitment to innovation and customer centric transformation.

“Being recognised among the world’s Top 500 Banking Brands is a testament to the strength, resilience and enduring legacy of Bank of Ceylon. At a time when the global banking industry continues to evolve rapidly, this achievement demonstrates that a Sri Lankan institution can confidently compete within the global financial landscape.

While we take pride in our heritage spanning over eight decades, we are equally focused on the future. Bank of Ceylon is continuously transforming itself through digital innovation, customer-centric services, and modern banking platforms such as the BOC Flex App, enabling greater convenience and accessibility for our customers.

Our financial performance also reflects our responsibility to the nation. In 2025, the Bank recorded a Profit Before Tax of Rs.120.8 billion and contributed Rs.76.7 billion in taxes, reaffirming our role as a key contributor to national development.

Beyond financial results, we remain committed to supporting national priorities through sustainable finance and community initiatives that empower businesses, strengthen communities, and contribute to Sri Lanka’s long-term economic growth.”

BOC’s national contribution extends beyond financial performance. Following the devastation caused by Cyclone Ditwah, the Bank contributed Rs. 500 million to the Government’s “Rebuilding Sri Lanka” Fund, while BOC along with the staff, collectively mobilised Rs. 50 million in emergency relief assistance to support affected communities.

Further strengthening its commitment to sustainable development, BOC also issued a Rs. 20 billion Basel III–compliant Tier II Sustainability Bond, the largest sustainability bond issuance in Sri Lanka. Proceeds from the bond are directed towards sectors critical for national progress including renewable energy, healthcare, education, youth and women empowerment, SMEs and MSMEs, and essential infrastructure development.

According to Brand Finance, the global banking sector’s total brand value reached USD 1.8 trillion in 2026, marking the fifth consecutive year of growth. In this highly competitive global environment, BOC’s inclusion among the World’s Top 500 Banking Brands represents a remarkable achievement for both the institution and the country.

For the Bank of Ceylon, the recognition is not only a celebration of a proud legacy but also a powerful affirmation of its mission to serve the nation while elevating Sri Lanka’s presence in the global financial arena.