List of All banks in Sri Lanka. The Central Bank of Sri Lanka (CBSL) (Sinhala: ශ්රී ලංකා මහ බැංකුව Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA), it is a semi-autonomous body, and following the amendments to the MLA in December 2002, is governed by a five-member Monetary Board, comprising the Governor as chairman, the Secretary to the Ministry of Finance and Planning, and three members appointed by the President of Sri Lanka, on the recommendation of the Minister of Finance, with the concurrence of the Constitutional Council.
Central Bank of Sri Lanka Building pic.twitter.com/NbRzja5FWC
— Nyongesa Sande (@NyongesaSande) November 23, 2021
The Sri Lankan rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: ₨ in English, රු in Sinhala, ரூ in Tamil; code: LKR) is the currency of Sri Lanka, divided into 100 cents. It is issued by the Central Bank of Sri Lanka. The symbol ₨ is generally used, but the currency code “LKR” is occasionally used to distinguish it from other currencies also called rupee.
This is a list of banks in Sri Lanka.
Licensed Commercial Banks
- Amana Bank
- Bank of Ceylon
- Bank of China
- Cargills Bank
- Citibank
- Commercial Bank of Ceylon
- Deutsche Bank
- DFCC Bank
- HBL Pakistan
- Hatton National Bank
- Indian Bank
- Indian Overseas Bank
- MCB Bank
- National Development Bank
- Nations Trust Bank
- Pan Asia Banking Corporation
- People’s Bank
- Public Bank Berhad
- Sampath Bank
- Seylan Bank
- Standard Chartered Bank
- State Bank of India
- Hong Kong and Shanghai Banking Corporation (HSBC)
- Union Bank of Colombo
Source: Central Bank, March 2021
Licensed Specialised Banks
- Housing Development Finance Corporation Bank of Sri Lanka (HDFC)
- National Savings Bank
- Regional Development Bank (Pradheshiya Sanwardhana Bank)
- Sanasa Development Bank
- Sri Lanka Savings Bank
- State Mortgage and Investment Bank
Source: Central Bank, September 2020
Licensed Finance Companies
- Abans Finance
- Alliance Finance Company
- AMW Capital Leasing and Finance
- Asia Asset Finance
- Associated Motor Finance Company
- Bimputh Finance
- CBC Finance (previously known as Serendib Finance)
- Central Finance Company
- Citizens Development Business Finance
- Commercial Credit and Finance
- Commercial Leasing and Finance
- Dialog Finance
- ETI Finance
- Fintrex Finance
- HNB Finance
- Ideal Finance
- Kanrich Finance
- Lanka Credit and Business Finance
- L B Finance
- LOLC Development Finance
- LOLC Finance
- Mercantile Investments and Finance
- Merchant Bank of Sri Lanka and Finance
- Multi Finance
- Nation Lanka Finance
- Orient Finance
- People’s Leasing and Finance
- People’s Merchant Finance
- Prime Finance
- Richard Pieris Finance
- Sarvodaya Development Finance
- Senkadagala Finance
- Singer Finance
- Sinhaputhra Finance
- Siyapatha Finance
- Softlogic Finance
- Swarnamahal Financial Services
- U B Finance Company
- Vallibel Finance
Source: Central Bank, November 2021
Notes
- Arpico Finance Co PLC has been amalgamated with Associated Motor Finance Co PLC with effect from 01.04.2021
- 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.
- Trade Finance and Investments PLC has been amalgamated with Commercial Credit & Finance PLC with effect from 31.12.2020
- 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.
- 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
- 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”
