BOC Archives

EVOLUTION AND GROWTH OF PREMIER BANK IN SRI LANKA BANK OF CEYLON TO UNPARALLELED TOWERING ELEVATION IN STATURE – by Sunil Thenabadu The prestigious Bank of Ceylon the country’s Number one bank ceremonially celebrated eighty three years anniversary in rock solid robust existence at the historic ‘City Office” fully refurbished building premises on August 1st graced by the Chairman Kanchana Ratwatte, General Manager KED Sumanasiri, additional General Manager Russel Fonseka, members of the corporate and executive management and other distinguished guests including long standing valued clients. Bank of Ceylon solely own the city office building which is one of the most historical buildings in Fort area recognised by the department of archaeology .The Bank of Ceylon takes pride in maintaining this building for over eight decades preserving the historical values for the nation. In year 1938 August 1st Ceylon then Sri Lanka a British colony, the Governor Sir Andrew Caldercott who ritualistically opened Bank ...

The Begging Bowl Sri Lanka’s Dependency Syndrome By Rev. Fr. Leopold Ratnasekera OMI Source:dailymirror.lk The sheer dearth of dollars to pay off debts, buy oil and the poor performance in the export sector together with slackness in the traditional exports like tea, rubber and coconut are contributing to aggravate the economic crisis and monetary management As a country and a nation, we are becoming the scum of Asia, not its miracle as some bellowed from roof-tops and election platforms sometime back, as well as a country at loggerheads with itself with an array of problems and issues still at bay in need of effective solutions that are urgent. The debt-ridden wound has certainly festered through the decades of the post-independence Sri Lanka and appears to get worse as our foreign reserves dwindle, exports crumble, imports in high demand and national assets sacrificed to distant dreams, the success of which time ...