BoC ranked Sri Lanka’s No. 1 Brand for 7th consecutive year


Ronald C. Perera

Bank of Ceylon has once again been ranked No.1 Brand in the country by Brand Finance Lanka, a subsidiary of Brand Finance network (UK). With the current rating Bank of Ceylon has set an unrivalled record by becoming the only business to have achieved this status for seven consecutive years.

The Bank has increased its brand value up to Rs. 38 Billon in 2015 from 30 Billion in 2014. Having celebrated its 75th anniversary in 2014 BOC has been continuously fulfilling its stakeholder’s aspirations successfully throughout these years, adding value to its products and services. It has emerged as the leader in the Sri Lankan Banking and Financial Services industry in terms of assets, advances, deposits, profits, and inward remittances. BOC reported the highest profit made by any single institution in the country by surpassing Rs. 20 billion, a 29% growth compared to the previous year. The strength, stability and its commitment to the nation along with the bank’s performance is reflected in the Brand "BOC"s position in being ranked as truly, the No.1 brand in Sri Lanka. "I’m glad to see that Brand BOC has yet again become the No.1 brand in the country-this time for the 7th consecutive year. Our vision is to continue being the highest contributor to the national cause through our contributions to the Government of Sri Lanka and remain as the No.1 Bank in Sri Lanka" stated Ronald C. Perera, President’s Counsel, and Chairman of Bank of Ceylon. He further thanked the Bank’s customers, staff of Bank of Ceylon and all stakeholders on behalf of the bank on this achievement. - (BoC)

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