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List of Banks in Sri Lanka

Published by Gbaf News

Posted on June 13, 2012

1 min read

· Last updated: November 28, 2018

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ICICI Bank
Union Commercial Bank
People’s Bank (State-owned)
DFCC Bank
Commercial Bank of Ceylon
Central Bank of Sri Lanka
Bank of Ceylon (State-owned)
Seylan Bank
HSBC
NDB Bank
Panasia Banking Corporation
Nations Trust Bank
DFCC Vardhana Bank
Deutsche Bank
Seylan Merchant Bank
National Savings Bank (State-owned)
Standard Chartered Bank
Citibank
Sampath Bank
State Bank of India

ICICI Bank
Union Commercial Bank
People’s Bank (State-owned)
DFCC Bank
Commercial Bank of Ceylon
Central Bank of Sri Lanka
Bank of Ceylon (State-owned)
Seylan Bank
HSBC
NDB Bank
Panasia Banking Corporation
Nations Trust Bank
DFCC Vardhana Bank
Deutsche Bank
Seylan Merchant Bank
National Savings Bank (State-owned)
Standard Chartered Bank
Citibank
Sampath Bank
State Bank of India

Key Takeaways

  • Sri Lanka’s banking sector includes a diverse mix of state‑owned, private, and foreign‑affiliated banks.
  • Licensed commercial banks are regulated by the Central Bank of Sri Lanka, which also supervises specialised banks and finance companies.
  • Major players include Bank of Ceylon, People’s Bank (both state‑owned), Commercial Bank of Ceylon, DFCC Bank, Sampath Bank, and Hatton National Bank.
  • Foreign and international banks such as HSBC, Citibank, Deutsche Bank, ICICI Bank, and Standard Chartered also operate in Sri Lanka.

References

Frequently Asked Questions

Who regulates banks in Sri Lanka?
The Central Bank of Sri Lanka oversees licensed commercial banks, specialised banks, and registered finance companies under the Banking Act and related legislation.
What types of banks operate in Sri Lanka?
There are licensed commercial banks, specialised banks (e.g. National Savings Bank), and finance companies authorised to accept public deposits.
Are there foreign banks in Sri Lanka?
Yes, several foreign and international banks operate in Sri Lanka, including HSBC, Citibank, Deutsche Bank, ICICI Bank, and Standard Chartered.

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