[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.

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.