In a significant moment reflecting renewed confidence in Sri Lanka’s economic recovery and forward-looking national strategy, the Bank of Ceylon (BOC) formally presented its 2025 Annual Report to His Excellency President Anura Kumara Dissanayake. The occasion reaffirmed the Bank’s role as the nation’s leading financial institution and a key pillar of economic stability.
The report was officially handed over by Chairman Mr. Kavinda de Zoysa and General Manager/Chief Executive Officer Mr. Y. A. Jayathilaka, who outlined the Bank’s performance, resilience, and strategic direction during a pivotal phase for Sri Lanka’s financial sector.
BOC’s 2025 Annual Report highlights a strong financial performance, with PBT reaching Rs. 120.8 billion, reinforcing its position as one of the most profitable single entities in the country. Beyond profitability, the Bank made a substantial contribution to the national economy, remitting approximately Rs. 77 billion in taxes underscoring its vital role in supporting fiscal stability and national development.
During the presentation, the Bank emphasized its continued commitment to inclusive economic growth. With a strategic focus on empowering youth, women entrepreneurs, micro, small and medium-sized enterprises (MSMEs), and exporters, BOC has played a critical role in strengthening key sectors of the economy. Special emphasis has been placed on supporting foreign exchange earning businesses, aligning with Sri Lanka’s broader trade and economic objectives.
A key highlight of the report was the success of the Bank’s financial inclusion initiatives, particularly the BOC Connect Agent Banking network. In collaboration with Sri Lanka Post, this initiative has significantly expanded access to banking services across the island. By enhancing last-mile connectivity, it has enabled wider participation in the formal financial system and has gained strong nationwide acceptance.
The Bank also underscored its resilience in navigating a complex and evolving economic landscape, maintaining stability while continuing to deliver value to customers and the broader economy. It highlighted the importance of innovation, operational strength, and a long-term strategic vision in sustaining growth.
Looking ahead, BOC outlined its key strategic priorities, including accelerating digital transformation, strengthening core banking operations, and maintaining robust risk management practices. The Bank reaffirmed its commitment to delivering customer-centric solutions while adapting proactively to the changing financial environment.
As the “Bankers to the Nation,” Bank of Ceylon continues to align its strategic direction with national priorities focusing on sustainable growth, financial inclusion, and economic empowerment. The presentation of the 2025 Annual Report not only reflects the Bank’s financial strength but also its enduring commitment to supporting Sri Lanka’s progress.
With a clear vision and strong leadership, the Bank of Ceylon remains well positioned to play a leading role in shaping the country’s financial future reinforcing confidence, stability, and long-term prosperity.
