Sri Lanka's Bank of Ceylon ranked among top 1,000
04 Dec, 2012
Dec 04, 2012 (LBO) - Sri Lanka's state-run Bank of Ceylon has been ranked among top 1,000 global banks by UK-based Banker magazine, the island's largest lender said.
Bank of Ceylon serves over ten million customers island wide and has a rating of 'AA+(lka)' from Fitch with a stable outlook.
Chairman Gamini Wickramasinghe said in a statement that the bank achieved its 'One Ten Twelve' target of reaching a trillion rupees in assets and ten billion rupees in profits in 2012 by mid-year.
Bank of Ceylon has more than 600 branches and 1,000 points where customers can reach it with extension offices and teller machines. It also has over 800 foreign corresponding agents.