List of banks in Sri Lanka

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This is a list of banks in Sri Lanka.

Central Bank[]

Licensed Commercial Banks[]

  1. Amana Bank
  2. Bank of Ceylon
  3. Bank of China
  4. Cargills Bank
  5. Citibank
  6. Commercial Bank of Ceylon
  7. Deutsche Bank
  8. DFCC Bank
  9. HBL Pakistan
  10. Hatton National Bank
  11. Indian Bank
  12. Indian Overseas Bank
  13. MCB Bank
  14. National Development Bank
  15. Nations Trust Bank
  16. Pan Asia Banking Corporation
  17. People's Bank
  18. Public Bank Berhad
  19. Sampath Bank
  20. Seylan Bank
  21. Standard Chartered Bank
  22. State Bank of India
  23. Hong Kong and Shanghai Banking Corporation (HSBC)
  24. Union Bank of Colombo

Source: Central Bank, March 2021[1]

Licensed Specialised Banks[]

  1. Housing Development Finance Corporation Bank of Sri Lanka (HDFC)
  2. National Savings Bank
  3. Regional Development Bank (Pradheshiya Sanwardhana Bank)
  4. Sanasa Development Bank
  5. Sri Lanka Savings Bank
  6. State Mortgage and Investment Bank

Source: Central Bank, September 2020[2]

Licensed Finance Companies[]

  1. Abans Finance
  2. Alliance Finance Company
  3. AMW Capital Leasing and Finance
  4. Asia Asset Finance
  5. Associated Motor Finance Company[N 1]
  6. Bimputh Finance[N 2]
  7. CBC Finance (previously known as Serendib Finance)
  8. Central Finance Company
  9. Citizens Development Business Finance
  10. Commercial Credit and Finance[N 3]
  11. Commercial Leasing and Finance
  12. Dialog Finance
  13. ETI Finance[N 4]
  14. Fintrex Finance
  15. HNB Finance
  16. Ideal Finance
  17. Kanrich Finance[N 2]
  18. Lanka Credit and Business Finance
  19. LB Finance
  20. LOLC Development Finance
  21. LOLC Finance
  22. Mercantile Investments and Finance
  23. Merchant Bank of Sri Lanka and Finance
  24. Multi Finance
  25. Nation Lanka Finance[N 2]
  26. Orient Finance
  27. People's Leasing & Finance
  28. People's Merchant Finance
  29. Prime Finance
  30. Richard Pieris Finance
  31. Sarvodaya Development Finance
  32. Senkadagala Finance
  33. Singer Finance
  34. Sinhaputhra Finance[N 2][N 5]
  35. Siyapatha Finance
  36. Softlogic Finance
  37. Swarnamahal Financial Services[N 6]
  38. U B Finance Company
  39. Vallibel Finance

Source: Central Bank, November 2021[3]

Notes[]

  1. ^ Arpico Finance Co PLC has been amalgamated with Associated Motor Finance Co PLC with effect from 01.04.2021
  2. ^ a b c d Non-compliant with the minimum Capital Adequacy Ratios and is required to rectify the capital non-compliance within the timelines stipulated under the master plan for the LFC/SLC sector consolidation introduced by the Monetary Board (MB) or capital restoration plan approved by the MB.
  3. ^ Trade Finance and Investments PLC has been amalgamated with Commercial Credit & Finance PLC with effect from 31.12.2020
  4. ^ The Monetary Board has decided to cause Director, Supervision of Non-Bank Financial Institutions to make an application to a competent court for the winding up of ETI Finance Limited, in terms of Section 31(5)(b) of the Finance Business Act, No. 42 of 2011.
  5. ^ The Monetary Board has issued a notice of cancellation of the license to Sinhaputhra Finance PLC under the provisions of Finance Business Act, No.42 of 2011
  6. ^ Resumed business for a limited period of six (06) months with effect from 13.10.2021, in terms of Section 31(5)(a) of the Finance Business Act, No. 42 of 2011, for the purpose of exploring the possibility of absorbing the Company to the “Master Plan for Consolidation of Non-Bank Financial Institutions Sector"

References[]

  1. ^ "Licensed Commercial Banks (as at 31 March 2021)". Central Bank of Sri Lanka. Retrieved 20 November 2021.
  2. ^ "Licensed Specialised Banks (as at 30 September 2021)". Central Bank of Sri Lanka. Retrieved 20 November 2021.
  3. ^ "Licensed Finance Companies (as at 03rd November 2021)". Central Bank of Sri Lanka. Retrieved 20 November 2021.
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