List of banks in Sri Lanka explained

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. Habib Bank
  10. Hatton National Bank
  11. Indian Bank
  12. Indian Overseas Bank
  13. MCB Bank
  14. National Development Bank
  15. Nations Trust Bank
    1. Pan Asia Bank People's Bank
  16. Public Bank Berhad
  17. Sampath Bank
  18. Seylan Bank
  19. Standard Chartered Bank
  20. State Bank of India
  21. Hong Kong and Shanghai Banking Corporation (HSBC)
  22. 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. Assetline Finance
  6. Associated Motor Finance Company[3]
  7. CBC Finance (previously known as Serendib Finance)
  8. Central Finance Company
  9. Citizens Development Business Finance
  10. Commercial Credit and Finance[4]
  11. Dialog Finance
  12. ETI Finance[5]
  13. Fintrex Finance
  14. HNB Finance
  15. Lanka Credit and Business Finance
  16. LB Finance
  17. LOLC Finance
  18. Mahindra Ideal Finance
  19. Mercantile Investments and Finance
  20. Merchant Bank of Sri Lanka and Finance
  21. Multi Finance
  22. Nation Lanka Finance
  23. Orient Finance
  24. People's Leasing & Finance
  25. People's Merchant Finance
  26. Richard Pieris Finance
  27. Sarvodaya Development Finance
  28. Senkadagala Finance
  29. Singer Finance
  30. Siyapatha Finance
  31. SMB Finance
  32. Softlogic Finance
  33. U B Finance Company
  34. Vallibel Finance

Source: Central Bank, 10 September 2023[6]

Notes and References

  1. Web site: Licensed Commercial Banks (as at 31 March 2021). Central Bank of Sri Lanka. 20 November 2021.
  2. Web site: Licensed Specialised Banks (as at 30 September 2021). Central Bank of Sri Lanka. 20 November 2021.
  3. Arpico Finance Co PLC has been amalgamated with Associated Motor Finance Co PLC with effect from 01 April 2021
  4. Trade Finance and Investments PLC has been amalgamated with Commercial Credit & Finance PLC with effect from 31.12.2020
  5. 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.
  6. Web site: Licensed Finance Companies (as at 10 September 2023). Central Bank of Sri Lanka. 14 October 2023.

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