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List Of Banks In Sri Lanka
This is a list of banks in Sri Lanka. Central Bank *Central Bank of Sri Lanka Licensed Commercial Banks # Amana Bank #Bank of Ceylon #Bank of China # Cargills Bank #Citibank #Commercial Bank of Ceylon #Deutsche Bank #DFCC Bank # Habib Bank #Hatton National Bank #Indian Bank #Indian Overseas Bank #MCB Bank #National Development Bank #Nations Trust Bank #Pan Asia Bank # People's Bank #Public Bank Berhad #Sampath Bank #Seylan Bank #Standard Chartered Bank #State Bank of India #The Hong Kong and Shanghai Banking Corporation (HSBC) #Union Bank of Colombo Source: Central Bank, March 2021 Licensed Specialised Banks # Housing Development Finance Corporation Bank of Sri Lanka (HDFC) # National Savings Bank #Regional Development Bank (Pradheshiya Sanwardhana Bank) # Sanasa Development Bank #Sri Lanka Savings Bank #State Mortgage and Investment Bank Source: Central Bank, September 2020 Licensed Finance Companies # Abans Finance # Alliance Finance Company # AMW Capital Leasing and Fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nations Trust Bank
Nations Trust Bank PLC (abbreviated as NTB) is one of the listed banks in Sri Lanka with 96 branches, 99 Automated teller machine, ATMs and 64 cash deposit & withdrawal machines as well as an automated channels and is the issuer and sole acquirer for American Express Credit Cards in Sri Lanka. Nation Trust Bank's major shareholders are John Keells Holdings and Central Finance Company PLC which are leading companies in their respective operating sectors in Sri Lanka. History Nations Trust Bank was established in July 1999 when it acquired the Colombo Branch of Overseas Trust Bank Ltd. *Acquisition of Waldock Mackenzie Ltd. *Acquisition of the Kandy branch of the Standard Chartered Bank *Acquisition of the Personal Banking portfolio of Deutsche Bank *Acquisition of the Commercial Banking Business and Foreign Exchange Business of American Express Bank in Colombo *Merger with Mercantile Leasing Company in January 2006 The bank has 96 branches and 99 ATM machines. References ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SDB Bank
SDB bank, formerly Sanasa Development Bank, is a Sri Lankan bank serving the co-operative sector, founded in 1997. This bank has opened 94 branches in Sri Lanka. In 1997 SDB Bank was granted the status of Licensed Specialized Bank by the Central Bank of Sri Lanka The Central Bank of Sri Lanka ( CBSL; si, ශ්රී ලංකා මහ බැංකුව, Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA), it is a .... Subsidiaries * Sdbl North East Construction Company Pvt Ltd * Sanasa Development Bank Ltd * Asset Management Arm References External links Official website Banks of Sri Lanka Banks established in 1997 1997 establishments in Sri Lanka Companies listed on the Colombo Stock Exchange Global Alliance for Banking on Values {{SriLanka-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regional Development Bank
Regional Development Bank (RDB; si, ප්රාදේශීය සංවර්ධන බැංකුව; ta, பிரதேச அபிவிருத்தி வங்கி) is a state-owned bank in Sri Lanka. The bank has a network of 272 service points and 51 automated teller machines (ATMs)/cash deposit machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fund ...s (CDMs). References 1985 establishments in Sri Lanka Banks of Sri Lanka Banks established in 1985 State owned commercial corporations of Sri Lanka {{Asia-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Savings Bank (Sri Lanka)
National Savings Bank (NSB) is a state-owned Savings Bank in Sri Lanka. It was incorporated in Ceylon by the ''National Savings Bank Act No. 30'' of 1971 and was granted the status of the Licensed Specialised Bank in terms of the ''Banking Act No. 30 ''of 1988. NSB has 262 branches. It also carries out Postal savings system, postal banking with the cooperation of 643 post offices and 3,412 sub-post offices of the Sri Lanka Post. The current Chairperson of the NSB is Mrs. Keasila Jayawardena Past Chairmen Since 1971, the following were Chairmen of the Bank (list incomplete): * Harindranath George Dias * M. J. Silva * Muttusamy Sanmuganathan * D.M Swaminathan * Cyril Herath * Upali Gunaratne * S. R. Attygalle * Pradeep Kariyawasam * Aswin De Silva * R.M.P. Rathnayake * Jayaraja Chandrasekera See also * List of banks References External links * Banks of Sri Lanka Banks established in 1971 State owned commercial corporations of Sri Lanka Sri Lankan companies establ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDFC Bank Of Sri Lanka
The Housing Development Finance Corporation Bank of Sri Lanka PLC, commonly abbreviated as HDFC Bank of Sri Lanka PLC, is a specialised housing bank in Sri Lanka. The bank commenced operations in 1984 as a building society. Through successive acts in the Parliament of Sri Lanka over the years, the bank transformed into a state-owned enterprise, then a specialised bank and a listed company on the Colombo Stock Exchange in 2005. Since widening its scope of business in 2011, the bank established itself as a supporter of small and medium-sized enterprises. The government of Sri Lanka holds 51% of the bank's stocks, mainly through the National Housing Development Authority. HDFC Bank is one of the '' LMD 100'' companies in Sri Lanka. The bank ranked 78th in the 2020/21 edition. Brand Finance calculated the brand value of HDFC Bank to be LKR763 million in 2022. Due to the effects of the Sri Lankan economic crisis, Fitch Ratings placed the bank along with twelve other Sri Lankan banks on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Bank Of Colombo
Union Bank of Colombo PLC ( si, යුනියන් බැංකුව, Yuniyan bæṁkuva; ta, யூனியன் பாங்க் ஒவ் கொழும்பு பிஎல்சி, Yūṉiyaṉ pāṅk ov koḻumpu pi'elci), commonly referred to as UBC, is a commercial bank in Sri Lanka. It is licensed by the Central Bank of Sri Lanka, the central bank and national banking regulator. Overview Union Bank of Colombo PLC is one of the top five banks in Sri Lanka in market capitalization as well as one of the country's fastest growing Financial Services Groups. , the bank operated 66 branches and 121 automatic teller machines (ATM) across the island nation. The bank offers a range of products and services to Retail, SME and Corporate segments. History UBC was established in 1995 as the eighth indigenous commercial bank with DFCC Bank, The Great Eastern Life Assurance Company Limited as its founding shareholders. The bank's shares were listed on the Colombo St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC Sri Lanka
HSBC Sri Lanka is a banking and financial services company in Sri Lanka and is a licensed commercial bank supervised by the Central Bank of Sri Lanka. It is the largest and one of the oldest bank in Sri Lanka Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an .... HSBC opened its doors in Sri Lanka in 1892, just 27 years after its first offices were established in Hong Kong and Shanghai. The company maintained an international outlook from the start, while its activities centered on trade finance. References External links * * Banks of Sri Lanka {{Asia-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank Of India
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world by total assets and ranked 221st in the ''Fortune Global 500'' list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees. On 14 September 2022, State Bank of India became the third lender (after HDFC Bank and ICICI Bank) and seventh Indian company to cross the 5-trillion market capitalisation on the Indian stock exchanges for the first time. The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: The Chartered Bank of India, Australia and China, and Standard Bank of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seylan Bank
Seylan Bank PLC ( si, සෙලාන් බැංකුව, ''Selan Bænkuwa'') is a publicly owned Commercial Bank in Sri Lanka. It has branches both in urban as well as rural areas of Sri Lanka. Seylan bank had 167 banking centres island wide, 3000 staff members, an ATM network of 205 units covering crucial locations, 9 branches providing 365 day banking in 2020. The bank was formed as a licensed commercial bank which was incorporated with a shareholder base. Seylan Bank was incorporated on 28 August 1987 as a Public Limited Liability Company and the founder chairman was Lalith Kotelawala, Dr. Lalith Kotelawala. It established its first subsidiary, Seylan Merchant Bank Limited, in 1992. A second subsidiary, Ceylinco Seylan Development Limited was also established in 1992, primarily for the purpose of constructing the Bank's head office building, Ceylinco Seylan Towers. Seylan Bank introduced Sri Lanka's first homegrown credit card and they also had a partnership deal with Wes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sampath Bank
Sampath Bank PLC ( si, සම්පත් බැංකුව, sampat bæṁkuva) is a licensed commercial bank incorporated in Sri Lanka in 1987 with 229 branches and 373 ATMs island-wide. It has won the "Bank of the Year" award by "The Banker" of ''Financial Times Limited – London'', for the second consecutive year and the "National Business Excellence Awards 2010". It has become the third largest private sector bank in Sri Lanka with Rs. 453 billion in deposits as of 30 June 2016. History The bank was originally incorporated as Investment and Credit Bank Limited in 1988. The bank became popularly known as Sampath. In 1988, Sampath Bank started to operate a multi-point network of automated teller machines (ATMs) for the first time in the country, as "Sampath Electronic Teller" or "SET". Then, with the popularity of ATM banking introduced MasterCard (in 1989), PBU (Personal Banking Unit) and Uni-Banking System. The bank was the first to introduce debit cards in South Asia in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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