BOC Full Form | Full Form of BOC

BOC Full Form - Bank of Ceylon

 Bank of Ceylon

Bank of Ceylon

  • The full form of BOC is that the Bank of Ceylon. BOC may be a main commercial bank in Sri Lanka that's state-owned.
  • The headquarters of BOC is situated in Colombo, the island’s political and economic capital, in an iconic cylinder shape.
  • In the world, the bank features a network of 628 subsidiaries, 689 ATM , one twenty-three CDM networks and fifteen regional credit centers.
  • The bank operates, in response to its local presence, an offshore banking unit at its headquarters in Colombo, three branches in Chennai, Malé & Seychelles & a division in London.

A brief history of BOC

  • BOC, with Sir Ernest de Silva as its first chairman, was established in 1939.
  • Ceylon was a British colony at the period, and Sir Andrew Caldecott, then governor, ceremoniously launched the bank on 1 August.
  • For its government-oriented enterprises, British government launched the banking arm. BOC began to spread it beyond the city of Colombo 2 years later, in 1941.
  • The first branch was inaugurated in Kandy. In main cities like Jaffna, Galle, Kurunegala, Trincomalee, Batticaloa, Panadura & Badulla BOC later added divisions.

Key pieces of information about BOC

 Services of Boc

Services of Boc

  • Few main pieces of information about BOC are tabulated below.
BOC Full Form Bank of Ceylon
Sector Banking, financial services
Established on 84 years ago in 1936
Founder Sir Ernest de Silva
BOC Headquarters BOC Square, Bank of Ceylon Mawatha, Colombo, Sri Lanka
The area served by BOC Sri Lanka, United Kingdom, Maldives, India, Seychelles
Main people Chairman – Kanchana Ratwatte , Executive director – Visakha Amarasekere
Service offered by BOC Retail banking, Corporate banking, Investment banking

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