The Bank of Ceylon’s (BoC) Basel III Compliant Tier 2 Listed Debenture Issue was oversubscribed and closed on December 22.
The Basel III Compliant, Listed Issue was a first for a State Bank. This epitomises the trust placed in the Bank during challenging times.
BoC’s resilience and contributions to Sri Lanka’s economy have been acknowledged both locally and globally. The Bank was ranked as the No. 1 Banking Brand in Sri Lanka for the 15th consecutive year by Brand Finance Lanka. The Bank’s brand value stands at over Rs. 50 billion, the highest in the sector.
The Bank of Ceylon has navigated challenging economic conditions with resilience and continues to play a pivotal role in supporting Sri Lanka’s economic recovery. Its commitment to customers, entrepreneurship and infrastructure development is unwavering, and its strong financial performance and international recognition are testaments to its stability and growth potential.
