What is the full form of BOC?
The BOC full form is the Bank of Ceylon. BOC is the largest state-owned commercial bank in Sri Lanka. The BOC’s headquarters are located in Colombo, the political and economic hub of the island. There are 645 locations across the country. The group structure of BOC comprises ten subsidiaries and three associate firms.
In response to its local presence, the bank maintains an offshore banking unit at its Colombo headquarters, three branches in Chennai, Malé, and Seychelles, and a division in London.
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History of BOC
- BOC was founded in 1939
- It was nationalized in 1961 to promote national growth.
- In 1982, BOC established the first Merchant Bank in Sri Lanka (the Merchant Bank of Sri Lanka Limited).
Key pieces of information about BOC
A few main pieces of information about BOC are tabulated below.
| BOC Full Form | Bank of Ceylon |
| Sector | Banking, financial services |
| Established on | 1st August 1939 |
| Opened By | Sir Andrew Caldecott |
| BOC Headquarters | BOC Square, Bank of Ceylon Mawatha, Colombo, Sri Lanka |
| The area served by BOC | Sri LankaMaldivesIndiaSeychelles |
| Chairman | Mr. Kanchana Ratwatte |
| Service offered by BOC | Retail bankingCorporate bankingInvestment banking |
