Bank of Ceylon

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Type
State Owned Enterprise
Industry
Banking and Finance

The Bank of Ceylon is a fully state-owned, Domestic Systemically Important Bank in Sri Lanka which offers commercial banking, investment banking and other financial services. It operates through three integrated solutions: Retail Banking, Corporate and Offshore Banking, and International, Treasury, Investment and Overseas. The Retail Banking segment involves investment, lending and transactional products to individuals, SME and micro-enterprises. The Corporate and Offshore provides investment, lending and transactional solutions to corporates, projects, the Government, and state-owned enterprises. Its third segment offers fund management, financial foreign-currency related investment transactions, correspondent banking and overseas operations. It was founded by Ernest De Silva in 1939 and is headquartered at Colombo, Sri Lanka.

ROA
1
Governance
83.3
Profits/Losses
LKR 16,307,406

Governance Indicators

A systematic measure of how well this SOE is managed.

2020

Year of the most recent Annual Report available online

1

Have Annual Reports for the last five years been tabled in Parliament?

2

Does the Annual Report include the mandatory provisions set out in the PED guidelines?

0

Is the Audit Clean / Qualified / Disclaimer?

1

Is the information pertaining to the RTI officer available on the website?

0

Does the SOE respond to an RTI within the timeframe specified in the Act?

1

Does the SOE have a website?

2

Does the SOE website contain sufficient organtisational details?

1

Does the SOE website contain tender and procurement details?

Annual Report
Auditing Standards
Rights to Information
Accessibility of Information

Interpretation of the indicators

Good
2
Average
1
Bad
0

Financials

Available Financial data for the last few years.

Year Turnover (LKR) Total Assets Profit/Loss Total Debt Total Liabilities Total Equity Operational Profits ROA
2020
252,756,030
3,024,773,775
16,307,406 Data Not Available
2,855,816,961
168,956,814
27,626,847
0.6
2019
248,692,003
2,329,599,553
23,747,335 Data Not Available
2,307,487,963
154,995,649
41,477,931
1
2018
229,461,622
2,312,922,875
19,515,153 Data Not Available
2,180,782,229
132,140,646
42,245,921
0.9
2017
197,012,961
1,999,410,183
21,486,645 Data Not Available
1,877,083,683
122,326,500
38,195,041
1.2
2016
159,701,225
1,716,556,701
23,835,927 Data Not Available
1,613,201,965
103,354,736
36,430,759
1.4
2015
139,397,982
1,610,199,320
17,387,387 Data Not Available
1,517,125,107
93,074,213
30,256,022
1.2

Download our datasets

Access Advocata Institute's Datasets on State Owned Enterprises