In a significant moment reflecting renewed confidence in Sri Lanka’s economic recovery and forward-looking national strategy, the Bank of Ceylon (BOC) formally presented its 2025 Annual Report to President Anura Kumara Dissanayake. The occasion reaffirmed the Bank’s role as the nation’s leading financial institution and a key pillar of economic stability.
The report was officially handed over by Kavinda de Zoysa, Chairman, and Y. A. Jayathilaka, General Manager/Chief Executive Officer, who outlined the Bank’s performance, resilience, and strategic direction during a pivotal phase for Sri Lanka’s financial sector.
BOC’s 2025 Annual Report highlights a strong financial performance, with PBT reaching 120.8 billion rupees, reinforcing its position as one of the most profitable single entities in the country. Beyond profitability, the Bank made a substantial contribution to the national economy, remitting approximately 77 billion rupees in taxes, underscoring its vital role in supporting fiscal stability and national development. During the presentation, the Bank emphasized its continued commitment to inclusive economic growth. With a strategic focus on empowering youth, women entrepreneurs, micro, small, and medium-sized enterprises (MSMEs), and exporters, BOC has played a critical role in strengthening key sectors of the economy. Special emphasis has been placed on supporting foreign exchange-earning businesses, in line with Sri Lanka’s broader trade and economic objectives.
A key highlight of the report was the success of the Bank’s financial inclusion initiatives, particularly the BOC Connect Agent Banking network. In collaboration with Sri Lanka Post, this initiative has significantly expanded access to banking services across the island. By enhancing last-mile connectivity, it has enabled wider participation in the formal financial system and has gained strong nationwide acceptance. The Bank also underscored its resilience in navigating a complex and evolving economic landscape, maintaining stability while continuing to deliver value to customers and the broader economy. It highlighted the importance of innovation, operational strength, and a long-term strategic vision in sustaining growth.
