1920 |
Eastern Bank Ltd. (EBL) opens a Branch in Chatham Street |
1957 |
EBL was acquired by Chartered Bank |
1969 |
Commercial Bank of Ceylon Ltd., (CBC) incorporated with EBL holding a 40% stake |
1971 |
Business of EBL integrated with Chartered Bank |
1972 |
First two branches of CBC opened in Galewela and Matale |
1973 |
CBC acquired Galle, Jaffna and Kandy branches of Mercantile Bank Ltd. |
1979 |
Offshore Banking Centre formed |
1980 |
Commercial Development Company., (CDC) formed to construct Head Office Building for CBC with 40% equity participation |
1984 |
Head Office moved to new premises at No. 21,
Sir Razik Fareed Mawatha, (formerly Bristol Street), Colombo 01 |
1987 |
EBL changed its name to Standard Chartered (UK) Holdings Ltd. |
1990 |
Introduced ATM facilities to customers |
1993 |
Introduced core banking software-International Comprehensive Banking System (ICBS) |
1996 |
Increased shareholding in CDC to 94.5% through a share swap |
1997 |
Standard Chartered Bank sold its 40% stake in the Bank |
1998 |
- First 365 Day Branch opened in Colombo 07
- All branches linked to ICBS except Jaffna
|
2000 |
Launched Internet Banking |
2001 |
Opened the 100th branch at Kaduruwela |
2003 |
Acquired operations of Credit Agricole Indosuez in Bangladesh |
2005 |
Raised USD 65 Mn. syndicated loan, becoming the 1st non-sovereign corporate in Sri Lanka to source external funding |
2006 |
Issued USD 10 Mn. bond, becoming the first indigenous bank to do so |
2008 |
First Sri Lankan
bank to be ranked among the Top 1000 Banks in the World |
2009 |
First Sri Lankan Bank to be certified CMMi |
2011 |
- Commenced “Sharia” compliant Islamic Banking
- Opened 200th branch in Kataragama
- Opened an exclusive “Elite” Branch at Colombo 07 for high net worth customers
- Reached milestone 500th ATM located at the Maradana railway station
|
2012 |
- Raised USD 65 Mn. from the International Finance Corporation (IFC)
- Launched an exclusive Savings Account for Women named “Anagi”
|
2013 |
- Opened “24-Hour Automated Banking Centre” at Ward Place branch
- Raised a 10-year subordinated debt of USD 75 Mn. from IFC
|
2014 |
- Bank acquired the 100% stake of Indra Finance Ltd.
- Became the first Sri Lankan Bank to be granted a license by the Central Bank of Myanmar to operate a Representative Office
|
2015 |
Indra Finance Ltd., a fully-owned subsidiary of CBC, renamed Serendib Finance Ltd. |
2016 |
- Commenced Commercial operations of Commex Sri Lanka S.R.L Italy, our fully owned subsidiary
- Opened Commercial Bank of Maldives Private Limited, 2nd foreign subsidiary with a 55% stake
- The Bank became a Trillion Rupee Asset company
|
2017 |
- Commercial Bank of Maldives opened its second branch in Hulhumalé
- Established 100% owned CBC Myanmar Microfinance Company Limited, 3rd foreign subsidiary
|
2018 |
- The second fully-owned subsidiary of CBC outside Sri Lanka, CBC Myanmar Microfinance Company Limited was opened in Nay Pyi Taw
- Launched the country’s first fully-automated cheque deposit machine at City Office Branch in York Street Colombo
- Reached 850 ATMs in Sri Lanka and Bangladesh
- Launched UnionPay cards by a bank in Sri Lanka for the first time, making Sri Lanka the 51st country in the world to issue UnionPay cards
- Issued a Basel III compliant debenture amounting to Rs. 10 Bn.
- Opened five new branches
- Introduced Flash digital bank account
|
