BOC Maldives Celebrates Maldives Independence Day

As the Maldives celebrates its Independence Day, Bank of Ceylon together with Bank of Ceylon Maldives branch take this moment to reflect on its role as a pioneer banking partner, and also as a meaningful part of a wider regional story that connects people, economies, and opportunities.

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BOC’s presence in Maldives since 1981 plays a strategic role in Maldives economy as well as it is a foreign exchange engine to Sri Lanka as a pillar of BOC’s global presence. BOC Maldives established early in 1981, opened its first overseas branch in Male’ city making the first Sri Lankan bank to operate in the Maldives, expanded its presence to Hulhumale in 2019. Its consistently delivered digitalfirst services introducing country’s earliest ATMs, internet banking, instant payment systems like Favara and POS/ IPG platform tailored for wholesale and tourism clients. BOC Maldives has played a significant role in uplifting national infrastructure and other key sectors and pioneer in financing in large scale developments projects in Maldives.