‘A Trillion Hat-trick’ from Bank of CeylonJanuary 23, 2017, 12:00 pm
The Bank of Ceylon scored its third "Trillion" at the end of the year 2016. That is surpassing the Rs. one trillion mark in advances- another unique milestone in its 77-year journey as "the Bankers to the Nation" and becoming the first ,and up to now the only bank to pass this milestone in Sri Lanka. The Bank’s balance sheet has expanded, BOC press release said.
The release adds - ‘At an impressive scale since its first "Trillion" target was achieved in 2012 by accumulating over Rs. one trillion assets in the Bank’s balance sheet ,becoming the first business entity in the country to do so. Then by 2015 the Bank fully justified the trust placed in it by the public by announcing its second "Trillion"- Rs. one trillion deposits.
"The Bank of Ceylon has been striving towards these big goals whilst maintaining itself as the largest contributor to the national economy in so many different ways. "Being a state owned Bank and a key player in financial mechanism in the country every achievement of ours gets directly translated into country’s economic development.
Last Updated Jan 23 2017 | 09:48 pm