BoC opens branch in Seychelles

The Bank of Ceylon (BoC) opened a branch in Victoria, Republic of Seychelles recently. It was opened by the Seychelles Vice President Danny Faure, Finance Minister Pierre Laporte and Bank of Ceylon General Manager D.M Gunasekara.

The Governor of the Central Bank of Seychelles Ms.Caroline Abel, the Senior Deputy General Manager, BoC P.A. Lionel, Assistant General Manager, Country Head of Seychelles Ranjith Haputhanthri, High Commissioner to Seychelles Esala Weerakoon were also present.

The Bank of Ceylon offers a wide range of financial solutions through the Seychelles branch, including corporate, retail, offshore and internet banking; foreign exchange, deposit accounts and credit facilities for trading, the tourism industry, agriculture and fisheries.

Bank of Ceylon, General Manager D.M. Gunasekara said that the bank would provide range of value added services to the citizens of Seychelles.

He said that the bank has plans to expand its overseas branch network to other emerging markets during this year. The BoC has branches in Chennai, Male and a subsidiary in London.

The Bank of Ceylon has penetrated every nook and corner of the country with over 1,000 customer touch points and caters to over half of the population.

The bank's strategy is to advance from domestic banking to an international banking paradigm and reach potential overseas emerging markets and improve the country's profile globally. Being Sri Lanka's number one bank with the potential to reach greater heights in banking and financial industry, the Bank of Ceylon has the confidence and all the resources for this paradigm shift. The bank will pay special attention to countries in the region and the African continent and Italy with its concentrated Sri Lankan diaspora.