Directors' Interest In Contracts

Related party disclosures as required by the Sri Lanka Accounting Standard - LKAS 24 on "Related Party Disclosures" are detailed in Note 61 to the Financial Statements.

In addition, the transactions that have been carried out in the ordinary course of business in an arm's length basis with entities where the Chairman or a Director of the Bank is the Chairman or a Director of such entities, are detailed below:

Company	Relationship	Nature of Transactions	Limit	Balance/ Amount outstanding as at 31.12.2024	Balance/ Amount outstanding as at 31.12.2023
			'000	'000	'000
Directors' Interest In Contracts
Mr Kavinda M L De Zoysa (appointed as the Chairman of Bank of Ceylon w.e.f. 04 November 2024)
Property Development Limited	Chairman	Current accounts		13,037	35,001
		Time Deposits		3,708,660	3,945,360
		Securities sold under repurchase agreements		752,800	62,400
Bank of Ceylon (UK) Limited	Chairman	Current accounts		8,564	19,378
		Savings accounts		38	42
		Nostro accounts		USD 1,583	USD 1,725
				463,098*	558,689 *
				GBP 508	GBP 846
				186,563*	349,273*
				EUR 1,105	EUR 1,719
				336,628*	616,790*
		Placements		USD 6,000	USD 6,000
				1,755,500*	1,943,540*
				GBP 25,700	GBP 10,700
				9,441,723*	4,414,964*
Mr Jehaan Ismail (appointed as a Director of Bank of Ceylon w.e.f. 07 February 2024)
Hotels Colombo (1963) Limited	Chairman	Current accounts		32,130	1,568
		Time Deposits		2,044	96,474
		Overdrafts		-	41,521
		Loans		230,851	231,883
		Other receivables		235,960	164,699