Cargills Bank
 Logo of Cargills Bank | |
| Formerly | Cargills Bank Limited (2014-2024) |
|---|---|
| Company type | Public |
| CSE: CBNK.N0000 | |
| ISIN | LK0491N00007 |
| Industry | Financial services |
| Founded | 2014 |
| Headquarters | , Sri Lanka |
Number of locations | 23 branches (2022) |
Key people |
|
| Revenue |  LKR9.489 billion (2022) |
| LKR4.281 billion (2022) | |
| LKR488 million (2022) | |
| Total assets |  LKR53.753 billion (2022) |
| Total equity | LKR9.720 billion (2022) |
| Owners |
|
Number of employees | 598 (2022) |
| Website | www |
| 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 17 branches island-wide with the head office based in Kollupitiya.
IPO
[edit]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
[edit]References
[edit]- ^ "Annual Report 2022". cargillsbank.com. Cargills Bank Limited. Retrieved 24 December 2023.
- ^ "Licensed Commercial Banks". cbsl.gov.lk. Archived from the original on 2016-11-19. Retrieved 2016-12-01.
- ^ "Cargills Bank Rs. 500 m IPO opens for subscription". Daily FT. 1 December 2023. Retrieved 24 December 2023.
- ^ "Cargills Bank's Rs. 500 m IPO snapped up". Daily FT. 15 December 2023. Retrieved 24 December 2023.
