Thursday, August 7, 2008

Commercial Bank

Name of Company

Commercial Bank of Ceylon PLC.

.............................................................................................................

Legal Form



A public limited liability company incorporated in Sri Lanka on June 25, 1969, under the Companies Ordinance No 51. of 1938 and quoted in the Colombo Stock Exchange in March 1970. A licensed commercial bank under the Banking Act No 30 of 1988.


.......................................................................................................................................................................................

Company Registration Number

PQ 116

.......................................................................................................................................................................................

VAT Number

124006007 7000

.......................................................................................................................................................................................

Stock Exchange Listing

The Ordinary Shares, the 13% and 11.25% Cumulative Redeemable Preference Shares and the Unsecured Subordinated Redeemable Debentures 2003/2008 of the Company are listed on the Colombo Stock Exchange.


.......................................................................................................................................................................................


Registered Office

"Commercial House"
No. 21, Bristol Street,
P.O. Box 856,
Colombo 1,
Sri Lanka.

Telephone : 94 11 2445010-15 (6 lines), 94 11 2328193-5 (3 lines), 94 11 2430420, 94 11 2336700
Telegraphic Address : COMBANK
Telex : 21520 COMEX CE; 21274 COMBANK CE;
21898 COMFEX CE; 22384 COMFX CE;
23375 COMTLX CE.
Facsimile : 94 11-2449889
SWIFT Code - Sri Lanka : CCEYLKLX
SWIFT Code - Bangladesh : CCEYBDDH
E-mail : email@combank.net

.......................................................................................................................................................................................


Head Office

"Commercial House",
No. 21, Bristol Street,
P.O. Box 856, Colombo 1,
Sri Lanka.


.......................................................................................................................................................................................


Board of Directors

Mr. M. J. C. Amarasuriya - Chairman

Mr. B. R. L. Fernando - Deputy Chairman

Mr. A. L. Gooneratne - Managing Director

Dr. H. S. Wanasinghe

Mr. A. N. Fonseka

Mr. Lalin J. A. Fernando

Mr. Iyad M. Malas

Mr. Gilles Galludec

Mr. Dinesh Weerakkody

Deshamanya Ken Balendra

Monday, August 4, 2008

Sampath Bank

Company Name : Sampath Bank PLC.
Legal Form :Public Limited Liability Company, incorporated in Sri Lanka on 10 th March 1986 under Companies Act No. 17 of 1982 and listed on the Colombo Stock Exchange. Certificate to Commence business received on 2 April 1986.A licensed Commercial Bank under the Banking Act No.30 of 1988.The bank has been re-registered as Sampath Bank PLC on 28th April 2008, under the Companies Act No. 07 of 2007. Company Registration No. :PQ 144
Fitch Rating :Fitch Rating Lanka Limited has affirmed National Long Term Rating of AA- (lka) to Sampath Bank.Stock Exchange Listing Profile :Incorporated as a Public Limited Company with a broad share holding and listed under the Bank Finance & Insurance sector on the Colombo Stock Exchange with 68,887,628 shares in issue.
Registered Office (Head Office) :110 Sir James Peiris Mawatha, Colombo 02, Sri Lanka.
Postal Address :110 Sir James Peiris Mawatha, Colombo 02, Sri Lanka.
Telephone :+94 (0) 11 2300 260+94 (0) 11 2303 050+94 (0) 11 2358 358+94 (0) 11 4730 630+94 (0) 11 5331 441
Fax :+94 (0) 11 2303 085
Telex :22931 SAMBK CE, 22761 SAMBK CE,22760 ICBANK CE
SWIFT :BSAMLKLX
E-mail :oper.mgr@sampath.lk
Auditors :Ernst and Young - Chartered Accountants.
Lawyers :Nithya Partners - Attorney at Law.
Company Secretary :Mr. S. SudarshanChartered Secretary
VAT Registration Number:134001194-7000
Board of Directors :Mr. E Gunatunge (Chairman)Mr. I W Senanayake (Deputy Chairman)Mr. Anil S Amarasuriya - Managing Director / CEOMr. Mohan A AbeynaikeMr. Sunil G WijesinhaMr. Denzil J GunaratneDr. Saman KelegamaMr. Jayampathi D BandaranayakeMr. Ernest A Gunasekera Mr. Lakshman J K Hettiaratchi Mr. Prasantha Lal De AlwisMr. K D D Perera

Tuesday, July 29, 2008

Banks in the World and Sri Lanka

There are so many banks in the world.
eg: World Bank, Asian Development Bank, etc

And there are so many banks in Sri Lanka.
eg: Commercial Bank, Sampth Bank, etc.

What is a BANK?

A bank is a financial institution whose primary activity is to act as a payment agent for customers to borrow and lend.

The first modern bank was founded in Italy in Genoa in 1406, its name was Banco di San Giorgio (Bank of St. George).

Many other financial activities were added over time. For example banks are important players in financial markets and offer financial services such as investment funds. In some countries such as Germany, banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies. In Japan, banks are usually the nexus of cross share holding entity known as zaibatsu. In France "Bancassurance" is highly present, as most banks offer insurance services (and now real estate services) to their clients.