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Banks

Sri Lanka’s financial services are a key sub sector in an economy where the services sector contributes 60% of GDP (2010). The financial sector has also been one of the fastest growing segments of the economy. Services offered by the sector include commercial banking, insurance, pensions and provident funds, investment banking and many financial intermediary functions. The sector is dominated by a sound, modern banking system that accounted for 54% of the financial sector’s assets in 2009. The system consists of over 30 banks, the majority of which are licensed commercial banks with the remainder being licensed specialised banks. In 2010, two of the commercial banks were state owned, nine were owned by private domestic companies and the rest were foreign owned. 

Banking and Financial Services organisations in Sri Lanka
Central Bank of Sri Lanka
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