The Central Bank is authorized to regulate and supervise the below named institutions in order to promote prudence in their business operations and thereby safeguard the deposits of the public. However, the Central Bank does not have legal authority to guarantee deposits or assure that any such institution will never fail. The Central Bank has introduced a Deposit Insurance Scheme to guarantee the repayment of deposits upto Rs.200,000 per depositor in the event of a failure of a bank or a finance company supervised by it, with effect from 1^st January 2012.

When depositing money in any of the above institutions, please exercise due care for the safety of your deposits.

Licensed Commercial Banks

1. Amana Bank Ltd
2. Axis Bank Ltd
3. Bank of Ceylon
4. Cargills Bank Ltd.
5. Citibank, N.A
6. Commercial Bank of Ceylon PLC
7. Deutsche Bank AG
8. DFCC Vardhana Bank PLC
9. Habib Bank Ltd
10. Hatton National Bank PLC
11. ICICI Bank Ltd
12. Indian Bank
13. Indian Overseas Bank
14. MCB Bank Ltd
15. National Development Bank PI C
16. Nations Trust Bank PLC
17. Pan Asia Banking Corporation PLC
18. People’s Bank
19. Public Bank Berhad
20. Sampath Bank PLC
21. Seylan Bank PLC
22. Standard Chartered Bank
23. State Bank of India
24. The Hongkong & Shanghai Banking Corporation Ltd
25. Union Bank of Colombo PLC

Licensed Specialised Banks

1. DFCC Bank
2. Housing Development Finance Corporation Bank of Sri Lanka
3. Lankaputra Development Bank Ltd
4. MBSL Savings Bank Ltd
5. National Savings Bank
6. Pradeshiya Sanwardhana Bank
7. Sanasa Development Bank PLC
8. Sri Lanka Savings Bank Ltd
9. State Mortgage & Investment Bank

Licensed Finance Companies

1. Abans Finance PLC
2. Alliance Finance Co PLC
3. AMW Capital Leasing and Finance PLC
4. Arpico Finance Co. PLC
5. Asia Asset Finance PLC
6. Asian Finance Ltd
7. Associated Motor Finance Co. PLC
8. Bartleet Finance PLC
9. Bimputh Finance PLC
10. BRAC Lanka Finance PLC
11. Capital Alliance Finance PLC
12. Central Finance Co. PLC
13. Central Investments and Finance PLC*
14. Chilaw Finance PLC
15. Citizens Development Business Finance PLC
16. City Finance Corporation Ltd
17. Commercial Credit and Finance PLC
18. Commercial Leasing and Finance PLC
19. Deshodaya Development Finance Co. Ltd
20. ETI Finance Ltd
21. George Steuart Finance PLC
22. Ideal Finance Ltd
23. Indra Finance Ltd.
24. Kanrich Finance Ltd
25. Lanka ORIX Finance PLC
26. LB Finance PLC
27. Melsta Regal Finance Ltd
28. Mercantile Investments and Finance PLC
29. MCSL Financial Services Ltd
30. Multi Finance PLC
31. Nation Lanka Finance PLC
32. Orient Finance PLC
33. People’s Leasing & Finance PLC
34. People’s Merchant Finance PLC
35. Prime Grameen Micro Finance Ltd
36. Richard Pieris Arpico Finance Ltd
37. Senkadagala Finance PLC
38. Singer Finance (Lanka) PLC
39. Sinhaputhra Finance PLC
40. Siyapatha Finance l td
41. Softlogic Finance PLC
42. Swamamahal Financial Services PLC
43. The Finance Co. PLC
44. The Standard Credit Finance Ltd
45. TKS Finance Ltd
46. Trade Finance & Investments PLC
47. UB Finance Co. Ltd
48. Vallibel Finance PLC

*Managed by the managing agent appointed by the Central Bank of Sri Lanka and undergoing restructuring. In the meantime, deposit mobilisation has been suspended.

Some of the above mentioned banks and finance companies would be merged/acquired/absorbed under the currently ongoing consolidation process. In this regard, the general public is being informed that the consolidation processes will not, in any way, affect their current transactions and deposits with the above mentioned banks and finance companies.

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