Bank of Ceylon is celebrating its 86th year with record financial performance. In 2024, it reported a profit of 106.9 billion rupees, the highest in its history, and continued this trend into 2025 with a first-quarter profit before tax of 30 billion rupees.
Kavinda de Zoysa, the Chairman, BOC said, “As we celebrate 86 years of service to the nation, Bank of Ceylon is deeply honored to be a trusted financial partner for generations of Sri Lankans. Our legacy is built on resilience, innovation, and a strong commitment to empowering individuals, businesses, and the country as a whole. Looking ahead, we remain focused on driving inclusive growth, embracing digital transformation, and maintaining the highest standards of governance and integrity. We take pride in being the Bankers to the Nation—yesterday, today, and tomorrow. I would like to extend my heartfelt gratitude to our valued customers for their loyalty to BOC. Your unwavering trust and confidence have been the cornerstones of our success. We are committed to serving you with excellence as we progress together. This journey would not have been possible without the dedication and professionalism of our exceptional staff. Across every branch, business line, and function, their unwavering commitment continues to be the driving force behind our achievements. I sincerely appreciate each and every one of them. We also express our sincere gratitude to the Ministry of Finance and the Central Bank of Sri Lanka for their continued guidance and support, enabling us to fulfill our national role and navigate the evolving financial landscape with confidence and purpose.”
In response to a challenging economic climate, BOC’s Business Revival and Rehabilitation Unit is helping struggling businesses, particularly SMEs and women-led enterprises, to preserve jobs and restore operations. BOC is also modernizing agriculture with advanced drone technology to enhance productivity and boost exports. BOC’s digital transformation includes the BOC SmartRemit mobile app for quicker, secure remittances, maintaining its leading market share in migrant remittances. BOC has launched a biodegradable debit card, showcasing its c o m m i t m e nt to environmental sustainability.
Russel Fonseka, GM/CEO, BOC, said, “BOC has been a vital partner during challenging times, providing stability and support for national recovery. We aim to enhance this role and create a more inclusive and modern financial ecosystem for Sri Lanka.”
