The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.
The State Mortgage and Investment Bank (SMIB) is one of the longest standing banks in Sri Lanka. It operates as a licensed specialized bank meeting the housing financing needs and other personal and business banking needs of the people of Sri Lanka.
The Ceylon State Mortgage Bank (CSMB) was established on December 6th, 1931, by Ordinance No. 16 of 1931. The Agricultural and Industrial Credit Corporation, founded in 1943, merged with the CSMB under the State Mortgage & Investment Bank Law No. 13 of 1975, which led to the creation of SMIB. SMIB commenced its operations on January 1st, 1979.
In 1998, under the Banking Act No. 30 of 1988, SMIB was granted a license as a Specialized Bank by the Central Bank of Sri Lanka. Over the years, we have evolved as a housing financier and banking services provider, and today, backed by the state and a solid foundation, we stand as the leading housing bank in the nation.
To be the nation’s valued partner in development banking with market leadership in consumer finance.
SMIB will continue to be the premier housing bank to the nation and a valued partner in development banking.
Customer
We are committed to serve all our customers with attractive financial solutions to suit their housing and development financial needs through superior customer service, innovation, quality and state of art technology.
Business Partners
We will offer best returns for the investments with solid security and flexibility.
Employee
We shall provide opportunities for our employees to grow to their fullest potential and to improve their quality of life while creating a healthy and productive work environment with an appreciative team culture.
Shareholders
We are committed to enhance shareholder value through profitable growth while safeguarding stakeholders’ interests.
Technology
We are bound to provide external customers with value-added services through automation and technological applications to leverage speed, quality, and convenience. We provide internal customers with speedy and accurate information to enhance the efficiency and effectiveness of the decision-making process.
Society
Being a partner in national development, we acknowledge to serve in enhancing the lifestyle of our community.
SMIB will continue to be the premier housing bank to the nation and a valued partner in development banking.
Act with integrity and show respect
Exhibit professionalism and excellence in all what we do
Work with dedication and accept accountability for our own actions
Display openness and strive for teamwork
Solicit innovative ideas and proactive solutions
Have hunger for learning and passion for growing with the bank
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