Seylan Bank PLC
65.00
LKR
+1.00
(+1.56%)
ISIN
LK0182X00001
Return %
Stock
S&P 500
1Y
-20.25
14.39
3Y
80.16
81.42
5Y
112.18
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Ramesh Joseph Jayasekara
- Full Time Employees
- 3,261
- Sector
- Finance
- Industry
- Regional banks
- Address
- Colombo Sri Lanka
- IPO Date
- Jan 17, 1989
- Website
- seylan.lk
- Similar Companies
- Business
- Seylan Bank PLC provides commercial banking, retail banking, treasury, and related financial services to individual, small and medium-sized enterprise (SME), corporate, and institutional clients in Sri Lanka. The company operates through three principal business segments: Banking, Treasury, and Property and Investments. Its Banking segment offers a wide range of deposit and lending products, including personal and business savings accounts, current accounts, fixed term deposits, foreign currency accounts, Seylan Tikiri children savings accounts, and Seylan Harasara senior citizen accounts; retail financing comprising housing loans, personal loans, vehicle and equipment leasing, educational loans, and gold loan facilities; commercial and corporate lending solutions comprising working capital loans, project financing, import and export trade services, letters of credit, shipping guarantees, and documentary collections; payment card solutions including Visa and Mastercard branded credit, debit, and prepaid cards; merchant acquiring and point-of-sale services; and bancassurance products. Its Treasury segment engages in foreign exchange trading, fixed income and government securities transactions, domestic money market operations, liquidity management, and foreign exchange hedging instruments. Its Property and Investments segment oversees commercial property development and management activities, primarily through its majority-owned subsidiary, Seylan Developments PLC. The bank delivers its services through an island-wide branch network, automated teller machines (ATMs), cash deposit machines (CDMs), and digital channels, including Seylan Internet Banking, the Seylan Pay merchant QR platform, open application programming interface (API) integrations, and its trilingual mobile banking application. In recent developments, Seylan Bank has accelerated its digital transformation strategy by upgrading its mobile and internet banking platforms and integrating open banking APIs with commercial service providers, including eChannelling, to enable seamless digital payment processing. The bank established a strategic collaboration with the Colombo Stock Exchange and Central Depository Systems to streamline capital market access for non-resident investors via Inward Investment Accounts. To expand its sustainable finance portfolio, the bank partnered with automotive distributors, including John Keells CG Auto and Hayleys Fentons, to roll out specialized green leasing facilities for new energy and electric vehicles. Additionally, the bank expanded its overseas educational finance capabilities through a partnership with AECC Global and strengthened its insurance distribution channels through an alliance with Amana Takaful General. Seylan Bank PLC was founded in 1987 and is headquartered in Colombo, Sri Lanka.