📈 BOC Maldives Marks 45 Years with New Digital Initiative
Bank of Ceylon (BOC) Maldives recently celebrated its 45th anniversary, highlighting its role in regional trade, infrastructure financing, and cross-border financial connectivity. • Financial Connectivity: In 2025 alone, the branch channelled US$ 126.4 Mn in remittances back to Sri Lanka, serving as a critical pipeline for foreign currency. It also facilitated US$ 0.6 Mn in timely relief remittances following Cyclone Ditwa. • Sector Impact: Since its establishment in 1981, the branch has actively financed major regional projects spanning tourism & resort development, construction, real estate, fisheries, and aviation, alongside key infrastructure like the Hulhumalé Reclamation Project Phase II. • Digital Expansion: Marking its next phase of growth, BOC Maldives announced the upcoming launch of its new internet banking platform, continuing its tech footprint in the region as the first bank to historically introduce ATMs to the Maldives. • Network Footprint: BOC Maldives remains a strategic hub within BOC's broader international network, which connects operations across London, Chennai, Seychelles, Malé, and Hulhumalé.