1939		1941		1945		1946		1949		1953		1961		1967
Bank of Ceylon incorporated as the nation’s first indigenous bank under the Bank of Ceylon Ordinance		First branch of the Bank opened in Kandy		The Bank widened into the periphery by opening branches in Jaffna and Trincomalee		Foreign department opened in Colombo Fort to facilitate transactions of foreign exchange business		First overseas branch opened in London		Mr C Loganathan was appointed as the first native General Manager		The Bank was nationalised in terms of the Finance Act No. 65 of 1961		Staff training school established to uplift employees’ skills

1973		1978		1979		1980		1981		1985		1988		1989
Bank’s sub-branches opened in each Agricultural Services Centre to enhance agricultural lending		Non-Resident Foreign Currency (NRFC) deposits scheme introduced		Foreign Currency Banking Unit set up to undertake offshore operations Introduced service award for employees who completed 25 years in the Bank		Set up the computer division		Fully fledged branch opened in Male		New 32 storey Head Office opened at Echelon square, the tallest building in Sri Lanka at the time		Entered into the Electronic Banking Era with the introduction of Automated Teller Machines and Cheque Guarantee Cards		Issued the first Credit Card in Sri Lanka to celebrate the golden jubilee of the Bank in collaboration with VISA international

1992		1995		1999		2004		2008		2009		2010		2011
First Sri Lankan commercial bank to be ranked among the best 200 banks in Asia and 1,000 banks in the world by “Banker” magazine		Expanded overseas branches with a branch in Chennai		Bank’s authorised capital raised to LKR 50,000 million by an Act of Parliament		Introduced International Comprehensive Banking System (ICBS), an online, centralised computer system Introduced Bank of Ceylon Flag		Issued first ever listed, subordinated five year, Rupee debentures and raised LKR 4.2 billion		Bank is evaluated as ‘best brand name of the year’ by Brand Finance Institution BoC has retained the position to-date Launched the Islamic Banking Unit with an island-wide coverage		Converted the London Branch into a Subsidiary		Fitch Ratings Lanka Ltd upgraded the Bank’s rating to AA+ (lka) stable outlook

2012				2013		2014		2015		2016		2017
Became the first bank in Sri Lanka to surpass LKR one trillion asset base Issued US Dollar denominated 500 million, five year bonds listed in Singapore Stock Exchange for the first time in Sri Lankan commercial banking history		Exceeded 1,000 customer service points Obtained an international rating in par with sovereign rating (Fitch = BB-/Stable Moody’s = B1/Stable)		Issued USD 500 million bond for second consecutive year		Commemorated 75th anniversary Entered the African continent by opening a branch in Seychelles Obtained the services of Boston Consulting Group to reshape the business processes		Became the first bank in Sri Lanka to surpass LKR One trillion deposit base and Introduced CDMs		Triple trillion in balance sheet BoC scored its third trillion in loans and advances, another unique milestone in its 77 year journey LKR 31.2 billion Profit Before Tax Asia Best Employer Brand 2016 conferred on BoC		Launched B app Launched Multi-currency pre-paid travel card Launched BoC smart passbook Introduced EMV compliant chip card issuing facility – ePlus debit cards		Master Brand status by CMO Council Asia Became the largest CDM network in the country surpassing 150 CDMs Capital increased up to LKR 20.0 billion