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BOC unveils Sri Lanka's first biodegradable banking card
Daily FT
|September 18, 2025
BANK of Ceylon (BOC) yesterday announced the launch of Sri Lanka's first-ever biodegradable banking card.
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The card is made from non-edible, corn-based polylactic acid from renewable sources and is industrially composta ble, providing an environmentally responsible alternative to traditional PVC-based plastic cards that often end up in landfills and take centuries to decompose.
The bank in a statement said that the initiative was a key part of BOC's commitment to embedding sustainability into its products and services, ensuring that its financial solutions align with both local and global environmental priorities while offering customers a greener choice. It said that in the banking industry alone, millions of cards are issued annually, contributing to growing landfill waste when cards expire or are replaced. The introduction of BOC's biodegradable banking card addresses this issue head-on.
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