Thursday, 25 February 2021 11:51

BOC bestowed as one of the “Top Ten Most Admired Companies Featured

Bank of Ceylon the country’s number one bank has been adjudged as one of the “Top Ten Most Admired Companies in 2020, official sources announced.

It was decided by the International Chamber of Commerce Sri Lanka (ICCSL), the Chartered Institute of Management Accountants (CIMA) together with the Daily FT.

The Bank was conferred this title for the second consecutive year for its excellence in the field of Banking and Finance in Sri Lanka and for its contribution to the overall economic growth of the country.

With over 81 years of unwavering service to the Nation, Bank of Ceylon is said to be the highest profit earning single business entity in the banking industry of Sri Lanka, officials said.

BOC takes greater responsibility in every possible way to assist the Government initiatives towards social and economic development.

The Bank’s Chief Financial Officer Russel Fonseka accepted the Award for being one of the “Most admired companies for 2020” from the Chief Guest of the event, General Shavendra Silva, Commander of the Sri Lankan Army

“Being the resilient No.1 bank in the country Bank of Ceylon has always been in the forefront promoting economic and social wellbeing within the Sri Lankan community.

In the times adversities such as the COVID 19 pandemic, the financial and operational strength of the Bank of Ceylon has been a significant strength to maintain an uninterrupted banking service.

The bank humbly accepts this award as token of appreciation for being so and wish to thank every stakeholder including ICCSL and CIMA institutions for encouraging Good Corporate Citizenship among organizations” stated the Chairman, Kanchana Ratwatte.

Commenting on the achievement the Bank’s CEO/ General Manager Mr. D.P.K. Gunasekera said, BOC maintained its strong position with regard to financial and operational strength. BOC’s asset base, which has exceeded Rs. 2.8 Trillion at the time of writing, is the highest owned by a single Sri Lankan business entity in the Banking Industry.

 

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