Sri Lanka, Jan. 6 -- The Bank of Ceylon despite the COVID-19 pandemic is more than resilient and is ready to face any challenges in the future, said BOC Chairman Kanchana Ratwatte.

In an interview with 'Daily News Business' he said that even during the pandemic the bank achieved several financial milestones and surpassed all the targets that were set up in the previous year. "We made a profit of Rs. 16.5 billion in the third quarter despite all odds and this trend is expected to continue in the future as well. We also received USD 2.5 billion in Foreign Remittances which is over and above the 2019 figure."

Bank of Ceylon successfully raised Rs. 10 billion through the issuance of Basel III Compliant, Unlisted, Rated, Unsecured, Subordina...