Bank of Ceylon
From Wikipedia, the free encyclopedia
Bank of Ceylon The BOC tower on the left, with the two WTC towers in the right.
Type Government-owned corporation
Industry Finance
Founded 1939
Headquarters Colombo, Sri Lanka
Area served Sri Lanka
Maldives
India
United Kingdom
Key people Sir Ernest de Silva (Founder-Chairman)
Products Banking, financial and related services
Website www.boc.lk
Bank of Ceylon (also popularly abbreviated as: BOC (read as bee-oo-see)) is a government-owned, major commercial bank in Sri Lanka. Its head office is located in iconic cylindrical building in the capital Colombo, the political and commercial capital of the island
The bank has a network of 308 branches and 200+ extension centers covering all parts of the island in real time operation. It has around the clock call center at 0094 11 2204444 and all time operating branch at its Colombo Office.
Addition to the local presence, Bank operating in-house Off-shore Banking Unit in the head office, Colombo and 3 overseas offices in (London, Malé & Chennai) which all of them are member banks for SWIFT having BCEYLKLX for all Sri Lankan Branches and have appointed agents in all countries in the world for more convenient banking to its all customers.
Contents
[hide]
1 History
2 See also
3 References
4 External links
[edit] History
Bank of Ceylon (BoC) was founded in 1939, with Sir Ernest de Silva as its first Chairman. At the time, Ceylon was a British colony and the then governor Sir Andrew Caldecott ceremoniously opened the bank on 1 August. The English government introduced the banking arm for its government oriented businesses. Two years later, in 1941, BoC started to expand beyond the city of Colombo. It opened its first branch in Kandy. Subsequently BoC added branches in major cities such as Galle, Jaffna, Kurunegala, Batticaloa, Trincomalee, Badulla, and Panadura.
1948: The Ceylon, Obtained her independence from the British and then the monetary authorities are transferred to Sri Lanka. Thereby in 1949 The Central Bank of Sri Lanka has been founded and regulation of all banks are assigned to them. Which they carrying out to-date.
1949: BoC opened its first overseas branch in London, United Kingdom. This helps the bank and the Government to handle the business between two countries easily.
1961: Up until this year the bank was operated as an individual organization and The Government of Sri Lanka stepped forward and declared the bank as a public organization. By then the government has nationalized BoC and became a semi government institute.
1972: The then government declared the name of the country as Sri Lanka. However the bank did not rename itself accordingly. The government also passed the Agricultural Productivity Law, which forced the bank to open Agrarian Service Centre branches in almost all villages in the country. As a result of that, the branch network of the bank expanded tremendously to majority of Sri Lanka's rural areas by the end of this period.
1979: As oppose to the controlled economy by the government, the then government relaxed the exchange control regulations by making it regulate by central bank up to some period and then by the market demand itself. This Liberalization of exchange control regulations led the bank to open its first Foreign Currency Unit for handle the boom of request for non local currency requirements.
1981: BoC passed another big milestone by opening the second overseas branch, this one in Malé, Maldives.
1982: BoC founded the first merchant bank in Sri Lanka, which it named the Merchant Bank of Sri Lanka.
1987: The bank moved into its 32-storey headquarters. Sri Lankans have nicknamed the building (Puttu bambuwa) a Sinhalese term used for a cylindrical cooking implement. The new building enabled the bank to house all its administrative offices and central operations in one location.
1989: The bank joined with the Visa International to introduce first credit cards business to Sri Lanka.
1994: BOC Joined SWIFT at the SWIFT BIC BCEYLKLX along with 15 other financial institutions in Sri Lanka.
1995: BoC expanded its foreign operations by opening its third foreign branch in Karachi, Pakistan and fourth in Chennai, India. This facilitated the bank's operations in the Asian Clearing Union.
2003: BoC took a 15% stake in newly formed Dawood Bank in Pakistan, which was later renamed as Burj Bank. BoC then transferred all its operations in Pakistan to the new bank.
2006: BOC finally was able to connect all its branches in the inland to one network.
2010: BoC converted its branch in London to a subsidiary.
2010: BOC achieves its highest ever profit before tax at LKR 10.1Bln.
[edit] See also
List of banks in the world
[edit] References
Our History
[edit] External links
Bank of Ceylon
Central Bank of Sri Lanka
Democratic Socialist Republic of Sri Lanka - Official Portal
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Thursday, February 16, 2012
Monday, February 6, 2012
START SAVING FOR RETIREMENT
Start Saving for Retirement
JANUARY 12, 2012
The words, “it’s never too early to start planning for retirement” may have been passed around to the point that no one even listens anymore. However, these words are true, and are growing more and more true as Social Security funds are quickly depleted. For the vast majority of us, Social Security is not going to be enough to live comfortably through our retirement years. Start planning today, in order to make sure you have an adequate nest egg for the future.
One way to do this is by investing in the stock market. Since the stock market should not be looked upon as a way of getting rich quick, but rather as a method of long-term yield on your investment, it is the perfect method to build up a considerable retirement fund.
It’s never too early to start, especially since learning the stock market will take some time and patience at first. Start now by researching topics like binary options trading, so that you will have the knowledge to make smart decisions with your money and your future. You can actually take online classes to learn these skills, or purchase software and teach yourself. There are also a number of books on the topic; if this method of learning is what you prefer, read reviews and find a book written by a professional with years of experience in the stock market. Be careful with the advice you trust, and proceed with caution so that you don’t make the mistake of trusting the wrong person in the field.
It will take time to learn the ins and outs of the stock market. Don’t rush, because the goal is not to get rich overnight. You want to build a portfolio of investments that will increase in value slowly and steadily over time. By the time you retire, if you have played your cards right you will have that comfortable nest egg you need.
JANUARY 12, 2012
The words, “it’s never too early to start planning for retirement” may have been passed around to the point that no one even listens anymore. However, these words are true, and are growing more and more true as Social Security funds are quickly depleted. For the vast majority of us, Social Security is not going to be enough to live comfortably through our retirement years. Start planning today, in order to make sure you have an adequate nest egg for the future.
One way to do this is by investing in the stock market. Since the stock market should not be looked upon as a way of getting rich quick, but rather as a method of long-term yield on your investment, it is the perfect method to build up a considerable retirement fund.
It’s never too early to start, especially since learning the stock market will take some time and patience at first. Start now by researching topics like binary options trading, so that you will have the knowledge to make smart decisions with your money and your future. You can actually take online classes to learn these skills, or purchase software and teach yourself. There are also a number of books on the topic; if this method of learning is what you prefer, read reviews and find a book written by a professional with years of experience in the stock market. Be careful with the advice you trust, and proceed with caution so that you don’t make the mistake of trusting the wrong person in the field.
It will take time to learn the ins and outs of the stock market. Don’t rush, because the goal is not to get rich overnight. You want to build a portfolio of investments that will increase in value slowly and steadily over time. By the time you retire, if you have played your cards right you will have that comfortable nest egg you need.
LIFE STARTS NOW......
You say you feel so down
Every time I turn around
And you say you should've been gone by now
And you, you think that everything's wrong
You ask me how to carry on
We'll make it through another day just hold on.
Cause life starts now.
You've done all the things that could kill you somehow
And you're so far down
But you will survive it somehow because life starts now.
I hate to see you fall down
I'll pick you up off of the ground
I've watched the weight of your world come down
And now it's your chance to move on
Change the way you've lived for so long
[- From: http://www.elyrics.net/read/t/three-days-grace-lyrics/life-starts-now-lyrics.html -]
You find the strength you've had inside all along.
Cause life starts now.
You've done all the things that could kill you somehow and you're so far down
But you will survive it somehow because life starts now.
All this pain
Take this life and make it yours.
All this hate take your heart and let it love again.
You will survive it somehow.
Life starts now.
You've done all the things that could kill you somehow and you're so far down.
Life starts now.
You've done all the things that could kill you somehow and you're so far down.
Life starts now.
these lyrics are submitted by Jenna Alosha
Every time I turn around
And you say you should've been gone by now
And you, you think that everything's wrong
You ask me how to carry on
We'll make it through another day just hold on.
Cause life starts now.
You've done all the things that could kill you somehow
And you're so far down
But you will survive it somehow because life starts now.
I hate to see you fall down
I'll pick you up off of the ground
I've watched the weight of your world come down
And now it's your chance to move on
Change the way you've lived for so long
[- From: http://www.elyrics.net/read/t/three-days-grace-lyrics/life-starts-now-lyrics.html -]
You find the strength you've had inside all along.
Cause life starts now.
You've done all the things that could kill you somehow and you're so far down
But you will survive it somehow because life starts now.
All this pain
Take this life and make it yours.
All this hate take your heart and let it love again.
You will survive it somehow.
Life starts now.
You've done all the things that could kill you somehow and you're so far down.
Life starts now.
You've done all the things that could kill you somehow and you're so far down.
Life starts now.
these lyrics are submitted by Jenna Alosha
WHY STRESS OCCURS AND HOW TO DEAL WITH IT
Why Stress Occurs and How to Deal With It
By Beth Cunningham
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A certain amount of stress is good for us if it is helpful stress that spurs us on and helps us work better, perform better and generally get as much out of life as we can.
But if your stress levels increase to the point where your body and mind cannot cope, then it is working against you, and this is not good.
Part of becoming stressed or feeling anxious has to do with how we cope with certain situations in life. If you see a problem and get upset, this will cause you to feel defeated which in turn will produce a feeling of stress. But if you challenge the problem head-on you are more likely to cope with it and not feel any stress.
When you come home from work after a long day and feel tired, this is a good kind of tired because it helps you to enjoy your rest and relaxation. But if you come home feeling stressed instead of tired you may soon find yourself feeling constantly grumpy, lethargic, irritable, fatigued, jumpy or depressed. Does this sound like you?
Stress encourages cellulite because when you feel stressed you forget to breathe properly and your short breathes don't allow enough oxygen into your body. Without a good amount of oxygen, your body cannot eliminate waste properly which affects your digestive system and causes constipation or diarrhea and - cellulite.
Stress also affects your sleep and without proper sleep your body cannot rest and repair itself.
There are many factors which can cause stress, either on their own or as a combination of several. Stress can originate from:
~ Problems at work
~Too many deadlines
~ Running a household
~ Traveling
~ Money worries
~ Relationship problems
~ Illness
~ Family problems
~ Noise
If you cannot change the things in life that are causing you stress, then you should try to implement some stress management techniques into your life.
You can start by taking some time-out every day to work on stress reduction.
Here are a few simple steps to get you started:
Breathe deeply. Take some personal time (10 minutes will do) to sit and do nothing but breathe. Sit comfortably on your most comfortable chair, close your eyes and concentrate on your breathing. Breathe in and out as slowly as you can. Don't let your mind wander. If you feel your thoughts getting away from you, bring them back by concentrating on your breathing. Breathe slowly and deeply and you'll be surprised how relaxed and refreshed you'll feel after only a few minutes.
Take a long warm bath in a quiet relaxing room. Just lay back in the warm water and let it soothe you. If your "inner chatter box" won't let you lay in peace, just concentrate on your slow deep breathes. Whenever you mind tries to wander, bring it back to your breathing. You could even add some essential oils to the water (lavender is calming) to make your bathroom experience complete.
Do some vigorous exercise. Go for a swim, play squash, take an aerobics class or go for a run. Exercise is good for stress and relieving tension and can also chase away mild depression.
Do some gardening. It's good to work in the garden and put your hands directly on the earth. The soil has many nutrients and our skin can soak them up. In the concrete jungles that most of us live in, it's rare that we ever actually put our skin on the earth. Gardening can be a soothing past time and you can also create a beautiful Eden at the same time or grow some delicious vegetables.
Getting enough sleep is also important for reducing stress. Not only do you need to sleep for enough hours every night, but also ensure you get the correct type of sleep. It's no good making sure you get 8 hours sleep every night if that 8 hours is spent fitfully tossing and turning. You are better off having 4 hours of quality sleep then 8 hours of poor quality sleep.
So when you go to bed at night, lay flat on your back with your arms by your side. Try to think of nothing but your breathing as you take slow deep breaths to slow your racing heart beat. Then picture your toes in you mind and think to yourself "Relax toes, relax." Then picture your feet and think "Relax feet, relax."
Work your way up your body and really feel the different parts of you unwinding and relaxing. After your feet work on your calves, knees, thighs, bottom, hips, stomach, chest, arms, hands, shoulders, neck and finally your head.
By the time you've finished you should feel your body sinking deeply into your mattress and your breathing should have slowed down and deepened, allowing you to fall blissfully into sleep.
To really help you unwind even more you could try using relaxation audios, or massage, or how about a relaxation holiday. Just get away from it all to somewhere warm and quiet.
Now wouldn't that be nice?
Many negative factors in our life can cause cellulite, obesity, stress, and our loss of ability to cope.
Visit CelluliteCity.com to learn ways to take back control of your life and live better and enjoy life. And more importantly, take back your self esteem. Feel confident. Be confident.
Article Source: http://EzineArticles.com/?expert=Beth_Cunningham
By Beth Cunningham
Ads by Google
Brain Training Games www.lumosity.com Improve memory and attention with scientific brain games. Free Trial
Abpro Recombinant Protein www.abpro-labs.com/products Human, full-length, >95% pure; Enzymes, cytokines, & more!
Clarocet UK & Europe www.clarocet.co.uk/ Authorized Clarocet distributor for UK and European customers.
A certain amount of stress is good for us if it is helpful stress that spurs us on and helps us work better, perform better and generally get as much out of life as we can.
But if your stress levels increase to the point where your body and mind cannot cope, then it is working against you, and this is not good.
Part of becoming stressed or feeling anxious has to do with how we cope with certain situations in life. If you see a problem and get upset, this will cause you to feel defeated which in turn will produce a feeling of stress. But if you challenge the problem head-on you are more likely to cope with it and not feel any stress.
When you come home from work after a long day and feel tired, this is a good kind of tired because it helps you to enjoy your rest and relaxation. But if you come home feeling stressed instead of tired you may soon find yourself feeling constantly grumpy, lethargic, irritable, fatigued, jumpy or depressed. Does this sound like you?
Stress encourages cellulite because when you feel stressed you forget to breathe properly and your short breathes don't allow enough oxygen into your body. Without a good amount of oxygen, your body cannot eliminate waste properly which affects your digestive system and causes constipation or diarrhea and - cellulite.
Stress also affects your sleep and without proper sleep your body cannot rest and repair itself.
There are many factors which can cause stress, either on their own or as a combination of several. Stress can originate from:
~ Problems at work
~Too many deadlines
~ Running a household
~ Traveling
~ Money worries
~ Relationship problems
~ Illness
~ Family problems
~ Noise
If you cannot change the things in life that are causing you stress, then you should try to implement some stress management techniques into your life.
You can start by taking some time-out every day to work on stress reduction.
Here are a few simple steps to get you started:
Breathe deeply. Take some personal time (10 minutes will do) to sit and do nothing but breathe. Sit comfortably on your most comfortable chair, close your eyes and concentrate on your breathing. Breathe in and out as slowly as you can. Don't let your mind wander. If you feel your thoughts getting away from you, bring them back by concentrating on your breathing. Breathe slowly and deeply and you'll be surprised how relaxed and refreshed you'll feel after only a few minutes.
Take a long warm bath in a quiet relaxing room. Just lay back in the warm water and let it soothe you. If your "inner chatter box" won't let you lay in peace, just concentrate on your slow deep breathes. Whenever you mind tries to wander, bring it back to your breathing. You could even add some essential oils to the water (lavender is calming) to make your bathroom experience complete.
Do some vigorous exercise. Go for a swim, play squash, take an aerobics class or go for a run. Exercise is good for stress and relieving tension and can also chase away mild depression.
Do some gardening. It's good to work in the garden and put your hands directly on the earth. The soil has many nutrients and our skin can soak them up. In the concrete jungles that most of us live in, it's rare that we ever actually put our skin on the earth. Gardening can be a soothing past time and you can also create a beautiful Eden at the same time or grow some delicious vegetables.
Getting enough sleep is also important for reducing stress. Not only do you need to sleep for enough hours every night, but also ensure you get the correct type of sleep. It's no good making sure you get 8 hours sleep every night if that 8 hours is spent fitfully tossing and turning. You are better off having 4 hours of quality sleep then 8 hours of poor quality sleep.
So when you go to bed at night, lay flat on your back with your arms by your side. Try to think of nothing but your breathing as you take slow deep breaths to slow your racing heart beat. Then picture your toes in you mind and think to yourself "Relax toes, relax." Then picture your feet and think "Relax feet, relax."
Work your way up your body and really feel the different parts of you unwinding and relaxing. After your feet work on your calves, knees, thighs, bottom, hips, stomach, chest, arms, hands, shoulders, neck and finally your head.
By the time you've finished you should feel your body sinking deeply into your mattress and your breathing should have slowed down and deepened, allowing you to fall blissfully into sleep.
To really help you unwind even more you could try using relaxation audios, or massage, or how about a relaxation holiday. Just get away from it all to somewhere warm and quiet.
Now wouldn't that be nice?
Many negative factors in our life can cause cellulite, obesity, stress, and our loss of ability to cope.
Visit CelluliteCity.com to learn ways to take back control of your life and live better and enjoy life. And more importantly, take back your self esteem. Feel confident. Be confident.
Article Source: http://EzineArticles.com/?expert=Beth_Cunningham
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