About Our Company

Sri Lanka Government Management Officers' Savings and Development Cooperative Society Ltd (SLGMO)

SLGMO Cooperative Bank is a member-owned financial institution founded with the mission of providing affordable banking services to Sri Lankans. Registered under the Co-operative Act No. 5 of 1972 (Reg. No. SA/MU 058), we aim to empower individuals, entrepreneurs, and rural communities by offering high-interest savings accounts, low-interest loans, and community-focused banking solutions.

Our vision is to create a financially empowered community by promoting saving habits, providing accessible financial products, and fostering sustainable development. We take pride in being a cooperative bank that prioritizes our members' needs over corporate profits.

Registered Under the Cooperative Act No. 05 of 1972 and under the powers assigned to the Commissioner of Cooperative Development Registrar of Cooperative Societies by the notice of the Government Gazette No. 1502/18 on 21.06.2007 as a duly registered limited liability all-island cooperative society in Sri Lanka. All cooperative societies are governed by the cooperative development authority and are exempted by the Central Bank of Sri Lanka to accept funds from the general public. As a consequence, SLGMO is able to autonomously act as a financial institution under the cooperative development act as per regulation Pamphlet Series No. 05 of Central Bank of Sri Lanka May 2006.