Having opened its doors in 1988, Seylan Bank celebrated a milestone 35 years recently.
The occasion was commemorated with a religious ceremony at the Millennium Branch of the bank with the participation of the Board of Directors, corporate management, staff and well-wishers.
Governor of the Central Bank of Sri Lanka Dr. P. Nandalal Weerasinghe delivered the keynote address. Chairman of Seylan Bank, Ravi Dias and Director/CEO, Kapila Ariyaratne also spoke.
Since the opening of its first branch, Seylan Bank has expanded into an islandwide network of 171 branches, 216 ATMs, 70 cash deposit machines and 96 cheque deposit kiosks as well as many Digital Banking solutions, serving a growing client base of Small and Medium Enterprises, Retail and Corporate Customers.
Director/CEO Seylan Bank, Kapila Ariyaratne said, “Within the past decade Seylan Bank’s total assets, deposits and advances have grown by 300%, while our revenue has grown four times and our profit after tax has doubled. While entering the 35th year, we have recorded the highest bottom line in the history of the Bank for two consecutive years.”
During its over three-decade journey, Seylan Bank has overcome challenges, taken advantage of new business opportunities, evolving into a consistently performing financial services provider to drive the nation’s growth and development.
The bank has relentlessly pursued digital transformation and is at the forefront of digitalisation, striving ahead towards delivering a seamless and uninterrupted banking experience.