Cargills Bank

Last updated
Cargills Bank PLC
FormerlyCargills Bank Limited (2014-2024)
Company type Public
CSE:  CBNK.N0000
ISIN LK0491N00007
Industry Financial services
Founded2014;11 years ago (2014)
Headquarters
Colombo
,
Sri Lanka
Number of locations
26 branches (2025)
Key people
  • Asoka Peiris (Chairman)
  • Senarath Bandara (CEO)
RevenueIncrease2.svg LKR9.489 billion (2022)
Increase2.svg LKR4.281 billion (2022)
Increase2.svg LKR488 million (2022)
Total assets Decrease2.svg LKR53.753 billion (2022)
Total equity Increase2.svg LKR9.720 billion (2022)
Owners
Number of employees
598 (2022)
Website www.cargillsbank.com
Footnotes /references
[1]

Cargills Bank PLC is a licensed commercial bank in Sri Lanka. [2] It received its license from Central Bank of Sri Lanka to operate domestic and offshore banking business on 21 January 2014 and was ceremonially opened on 30 June 2014. At present the bank consists of 26 branches island-wide with the head office based in Kollupitiya.

Contents

IPO

Cargills Bank announced its initial public offering on 30 November 2023. The bank intended to raise LKR500 million through the IPO. [3] The IPO was oversubscribed on its opening day itself. The IPO was also the first by a commercial bank in a decade. [4]

See also

References

  1. ↑ "Annual Report 2022". cargillsbank.com. Cargills Bank Limited. Retrieved 24 December 2023.
  2. ↑ "Licensed Commercial Banks". cbsl.gov.lk. Archived from the original on 2016-11-19. Retrieved 2016-12-01.
  3. ↑ "Cargills Bank Rs. 500 m IPO opens for subscription". Daily FT . 1 December 2023. Retrieved 24 December 2023.
  4. ↑ "Cargills Bank's Rs. 500 m IPO snapped up". Daily FT. 15 December 2023. Retrieved 24 December 2023.


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