In recent years, Sri Lanka has witnessed a remarkable surge in business banking, driven by economic growth and entrepreneurial spirit. This article delves into the top 6 business banks that are shaping the financial landscape, offering unparalleled services to support the nation's thriving business community.
Overview of Business Banking in Sri Lanka
Business banking in Sri Lanka is experiencing rapid growth, with increasing adoption of digital services and innovative financial products. Key trends include enhanced accessibility, personalized banking solutions, and robust support for SMEs. These advancements offer significant benefits, streamlining operations and fostering financial inclusion for businesses and individuals alike.
List of the top 6 banks in Sri Lanka
1. OneSafe
OneSafe offers neo-banking services tailored for global businesses, especially those involved in Web3 and cryptocurrency transactions. Unique features include simple onboarding, global payment capabilities, and robust security measures. Benefits encompass streamlined financial operations, flexible controls, and efficient currency conversions.
- Instant crypto to fiat conversions and vice versa
- Support for various cryptocurrencies like Avalanche, USDT, USDC, Solana, Ethereum, and Bitcoin
- Global accounts for international operations
2. Commercial Bank of Ceylon PLC
Commercial Bank of Ceylon PLC offers a wide range of services including personal banking, business banking, and digital banking solutions. Their offerings cater to various customer needs, from savings accounts and loans to international banking and investment services.
- Comprehensive personal and business banking services
- Advanced digital banking platforms like ComBank Digital and Flash Digital Bank Account
- Specialized services for SMEs and international trade
3. Hatton National Bank PLC
Hatton National Bank PLC offers a range of internet banking services, including personal and corporate online banking, quick cash transactions through CashExpress, and fast payment processing with Payfast. Their services are designed to cater to both individual and corporate clients.
- Personal and corporate online banking services
- Fast payment processing through Payfast
- Transaction banking services under HNB TxB
4. Sampath Bank PLC
Sampath Bank PLC offers a comprehensive range of services including personal banking, business banking, corporate banking, and digital banking solutions. Their offerings cater to various customer needs, from savings accounts and loans to trade finance and online banking.
- Personal Banking: Current accounts, term deposits, savings accounts, and loans
- Business Banking: Business savings, borrowings, and trade finance
- Digital Banking: Online and mobile banking services
5. People's Bank
People's Bank is a state-owned commercial bank in Sri Lanka offering a wide range of services. These include everyday deposits, loans, business loans, card services, digital banking, foreign remittance, and treasury services. The bank also provides specialized services for corporate and commercial banking, catering to various customer needs. Additionally, the bank's website features tools like exchange rates, loan calculators, and branch/ATM locators, enhancing user experience.
- Everyday Deposits: Savings Accounts, Current Accounts, Foreign Currency Accounts, Term Deposits
- Everyday Loans: Housing Loans, Professional Loans, Quick & Easy Loans, Vehicle Loans, Educational Loans
- Digital Banking: Mobile Banking, Internet Banking, Mobile Wallet
6. National Development Bank PLC
National Development Bank PLC offers a diverse range of banking services tailored to meet various customer needs. These include Privilege Banking, NEOS Digital Banking, Banking on Women, Islamic Banking, and Card Offers. The bank also provides specialized financial services through its subsidiaries, focusing on securities, wealth management, and investment banking. Additionally, NDB Bank is committed to sustainability, ethical business practices, and corporate social responsibility initiatives.
- Privilege Banking and NEOS Digital Banking
- Specialized services in securities, wealth management, and investment banking
- Commitment to sustainability and corporate social responsibility
Choose OneSafe for your Business Bank in Sri Lanka
Business banking in Sri Lanka offers numerous benefits, including enhanced accessibility and personalized solutions. For businesses looking to optimize their financial operations, OneSafe is an excellent choice. It facilitates both fiat and crypto transactions, ensuring seamless financial operations and global payment capabilities, making it ideal for modern enterprises.
