Seylan Bank

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Overview

Seylan Bank is CSE: SEYB + Sri Lankan commercial bank + Sri Lanka Insurance Corporation Sri Lankan state-owned insurance ~15%+ + Sri Lankan retail + institutional + foreign investors free float + one of Sri Lanka's largest commercial banks + founded Aug 26 1987 [1, lk-cro].

History

Aug 26 1987 — Seylan Bank founded as Sri Lankan commercial bank distinctive Sri Lankan banking heritage.

Dec 28 2008 — Seylan Bank curatorship by CBSL Central Bank of Sri Lanka post-financial distress + Bank of Ceylon + Sri Lanka Insurance Corporation rescue acquisition.

2014 — Seylan Bank Mobile banking app launch.

Ownership & operator

Operating entity: Seylan Bank (Sri Lankan commercial bank; CSE: SEYB).

Major shareholders: Sri Lanka Insurance Corporation (Sri Lankan state-owned insurance) ~15%+ + Sri Lankan retail + institutional + foreign investors free float.

Regulators: CBSL Central Bank of Sri Lanka.

Technical integration

Seylan Bank Mobile app (iOS + Android) + seylan.lk online + Seylan Bank branch network across Sri Lanka + Seylan Visa + Mastercard cards; LK IBAN + LankaQR.

Implementations & partners

Major Sri Lankan banking + payments competitors: [[bank-of-ceylon]] (Bank of Ceylon BoC; Sri Lankan state-owned commercial bank; Sri Lanka's largest commercial bank by assets) + [[commercial-bank-ceylon]] (Commercial Bank of Ceylon ComBank; CSE: COMB; Sri Lanka's largest private commercial bank by assets) + [[hatton-national-bank]] (Hatton National Bank HNB; CSE: HNB; Sri Lanka's #2 private commercial bank by assets) + [[sampath-bank]] (Sampath Bank; CSE: SAMP; Sri Lankan commercial bank) + [[peoples-bank-srilanka]] (People's Bank Sri Lanka; Sri Lankan state-owned commercial bank) + [[dfcc-bank]] (DFCC Bank; CSE: DFCC; Sri Lankan commercial bank) + [[ndb-bank]] (NDB Bank National Development Bank; CSE: NDB; Sri Lankan commercial bank) + [[nation-trust-bank]] (Nations Trust Bank; CSE: NTB; Sri Lankan commercial bank) + lankaqr (LankaQR Sri Lankan national QR payment scheme).

Regulators: CBSL Central Bank of Sri Lanka.

Status

Active, CSE:SEYB + Sri Lankan commercial bank + Sri Lanka Insurance Corporation Sri Lankan state-owned insurance ~15%+ + Sri Lankan retail + institutional + foreign investors free float + one of Sri Lanka's largest commercial banks [1, 2].

Sources

1 Seylan — official
2 Seylan — Wikipedia
lk-cro In-corpus: reports/countries/LK-sri-lanka.md

Source

Biography extracted from seylan-bank.md. See matrix.md for standards-support matrix if present.