About SLBA
We provide solutions. All our work is focused around the client's needs.
WHO WE ARE
SLBA is a company incorporated in Sri Lanka under the Companies Act No. 17 of 1982. Liability of members is limited by guarantee of its members. The members of SLBA are all banks licensed by the Central Bank of Sri Lanka to carry on banking services described in their respective individual licenses.
The SLBA membership includes at present 24 Licensed Commercial Banks (LCBs) and 6 Licensed Specialised Banks (LSBs). The LSBs are primarily savings banks and do not offer current accounts for customers. LSBs are not ‘authorised dealers’ under the Foreign Exchange Act and do not provide foreign exchange related services to customers.
WHAT WE DO
SLBA was formed to represent and further the common interests of member banks and to assist in maintaining and developing a sound banking structure in Sri Lanka. In this role SLBA supports cooperation among member banks, liaison with regulatory and governmental entities, coordination of policy implementation and banking industry operations to help sustain stability of the banking system.
HOW WE WORK
The business and work of SLBA is managed by the Secretary General under the direction and supervision of the Board of Directors. The Directors are appointed from among the Chief Executives of the member banks at the Annual General Meeting of members. They hold office for a two year period. Election to the board is prescribed in the Articles of the SLBA and ensures that the wide range of members is represented. The Directors select a Chairman and two Vice-Chairmen of the Board of Directors.
Members subscriptions fund the annual budgeted expenses.
‘SLBA the voice of banking in Sri Lanka’
slba@slba.lk