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Cargills Bank PLC

[REDACTED] Logo of Cargills Bank
Formerly	Cargills Bank Limited (2014-2024)
Company type	Public
Traded as	CSE: CBNK.N0000
ISIN	LK0491N00007
Industry	Financial services
Founded	2014; 11 years ago (2014)
Headquarters	Colombo, Sri Lanka
Number of locations	23 branches (2022)
Key people	Richard Ebell (Chairman) Senarath Bandara (CEO)
Revenue	LKR9.489 billion (2022)
Operating income	LKR4.281 billion (2022)
Net income	LKR488 million (2022)
Total assets	LKR53.753 billion (2022)
Total equity	LKR9.720 billion (2022)
Owners	Cargills (Ceylon) (39.71%) C T Holdings (25.29%) Employees' Provident Fund (4.98%)
Number of employees	598 (2022)
Website	www.cargillsbank.com
Footnotes / references

Cargills Bank PLC is a licensed commercial bank in Sri Lanka. 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 17 branches island-wide with the head office based in Kollupitiya.

IPO

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

See also

• List of banks in Sri Lanka
• List of companies listed on the Colombo Stock Exchange

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.

External links

• Official Website

• Banks

• 2014 establishments in Sri Lanka
• Banks of Sri Lanka
• Banks established in 2014
• Companies listed on the Colombo Stock Exchange