BOC Chennai Branch Celebrates 30 Years: A Vital Link Between Sri Lanka & India 🇮🇳🇱🇰

Bank of Ceylon's (BOC) Chennai branch marks its 30th anniversary, cementing its role as the only Sri Lankan bank operating in India and a crucial financial bridge. • Established in 1995, it's a key pillar of BOC's international operations, fostering cross-border cooperation and economic progress between the two nations. • The branch facilitates trade, investment, and remittances, streamlining financial flows and supporting Sri Lankan expatriates in India. • It has driven growth in Indian Rupee (INR) settlements for bilateral trade, reducing transaction costs and currency risks for businesses. • Services include trade finance, foreign exchange, correspondent banking, and advisory services, supporting small-scale exporters, importers, SMEs, and mid-corporates. • BOC Chairman Kavinda de Zoysa emphasized its importance in deepening bilateral ties and supporting cross-border collaborations. • The branch is focused on expanding its service portfolio, embracing digital banking and sustainable finance for future growth. • BOC has an extensive network and international presence, including a subsidiary in London, branches in Maldives, and Seychelles, in addition to India.