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Banking sector of Sri Lanka
The banking sector in Sri Lanka includes both the Licensed Commercial Banks and Licensed Specialized Banks. They have the highest share of the total assets in the financial system. Banks play a vital role within the Sri Lankan financial system to engage in the provision of liquidity to the entire economy and achievement of continuous economic growth.

The banking sector in Sri Lanka is supervised and monitored by the supervision department of the Central bank of Sri Lanka. The acts that related to the banking sector are the Banking Act, Monitory Act, and the Exchange Rate Control Act.

The Assets of the financial system can be categorized as follows,



In the Banking sector, there are 33 banks. It can be divided into two parts, they are, 26 Licenced commercial banks and 7 Licenced specialized banks.


The banking sector of Sri Lanka can be categorized as follows,


Licensed Commercial Banks
·  Amana Bank PLC                                    
·       Axis Bank Ltd              
·       Bank of Ceylon                                        
·       Bank of China Ltd             
·       Cargills Bank Ltd                                      
·       Citibank, N.A       
·       Indian Overseas Bank                                
·       MCB Bank Ltd        
·       National Development Bank PLC           
·       Nation Trust Bank PLC      
·       Pan Asia Banking Corporation PLC        
·       Commercial Bank of Ceylon PLC     
·       Deutsche Bank AG                                    
·       DFCC Bank PLC  
·       Habib Bank Ltd                                        
·       Hatton National Bank PLC   
·       ICICI Bank Ltd                                         
·       Indian Bank   
·       Public Bank Berhad                                   
·       Sampath Bank PLC 
·       Seylan Bank PLC                                     
·       Standard Charted Bank   
·       State Bank of India                                   
·       Union Bank of Colombo PLC                 
·       The Honkon & Shanghai Banking Corporation Ltd (HSBC)  


Licensed Specialized Banks
·       Housing Development Finance Corporation Bank of Sri Lanka
·       Sri Lanka Saving Bank Ltd
·       Lankaputhra Development Bank Ltd
·       National Saving Bank “Savings House”
·       Sanasa Development Bank PLC
·       State Mortgage & Investment Bank
·       Pradeshiya Sanwardhana Bank 





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