Bank of Ceylon to expand globally

The Bank of Ceylon is to spread globally first into the 27 member European Union, then North America, Australia, New Zealand, Japan, Hong Kong and Singapore.

Based on the success of the London Branch, the expansion into the 27-member European Union nations network, will start from Italy, followed by expansions in France and Germany.

“We have ambitious plans of expanding into the 27-member European Union-nation network starting with a branch in the Italian capital of Rome or key city Milan in July and based on its success, we will be venturing into four other branches within Italy within this year with the London subsidiary as the BoC European headquarters,” said Bank of Ceylon Chairman Dr. Gamini Wickremesinghe. .

Plans are also on for expansions in South India, with Rameswaran as a start and moving on to Mumbai, Bangalore and New Delhi.