Seylan Bank Plc - Company Profile
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Seylan Bank PLC (Seylan Bank) is a public bank focusing on conventional commercial banking. The bank offers a wide range of financial products and services, including savings accounts, fixed deposits, loans, credit cards, and leasing options. Seylan Bank serves a diverse customer base, providing financial solutions for individuals, businesses, and various industries. The bank operates through an extensive network of branches across the nation, facilitating access to its services. Seylan Bank's geographic focus is primarily on the Sri Lankan market, catering to both residents and non-residents. The bank also engages with channel partners and correspondent banks to enhance its service offerings. Seylan Bank is headquartered in Colombo, Sri Lanka.
Headquarters
Sri Lanka
Address
Seylan Towers, No.90, Galle Road, Colombo 03, Western, 03
Website
www.seylan.lk
Telephone
94 11 2008888
No of Employees
3,211
Industry
Financial Services
Ticker Symbol & Exchange
SEYB.N0000 (COL)
Revenue (2024)
$313.7M
-0.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
20.3%
(2024 vs 2023)
Market Cap*
$155.5M
Net Profit Margin (2024)
XYZ
20.7%
(2024 vs 2023)
* As of and is in US$
Seylan Bank Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | Safety Lockers |
| Savings | Private Banking |
| Current Accounts | Treasury Service |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In November, the bank installed a new ATM at the Dalada Maligawa premises in Sri Lanka. |
| 2025 | New Products/Services | In September, the bank launched corporate credit card to serve businesses. |
| 2024 | Corporate Changes/Expansions | In September, the bank opened a new branch at Kurunegala. |
Competitor Comparison
| Key Parameters | Seylan Bank Plc | People's Bank | Commercial Bank of Ceylon PLC | Hatton National Bank Plc | National Development Bank PLC |
|---|---|---|---|---|---|
| Headquarters | Sri Lanka | Sri Lanka | Sri Lanka | Sri Lanka | Sri Lanka |
| City | Colombo | Colombo | Colombo | Colombo | Colombo |
| State/Province | Western | Western | - | - | - |
| No. of Employees | 3,211 | 7,656 | 5,885 | 5,651 | 2,756 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ramesh J Jayasekara | Director; Chief Executive Officer | Executive Board | 2023 | - |
| Buwaneka Aluwihare | Chairman | Non Executive Board | 2024 | - |
| D M Rupasinghe | Director | Non Executive Board | 2021 | - |
| L H A Lakshman Silva | Director | Non Executive Board | 2022 | - |
| Champika Dodanwela | Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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