The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.

 Monday – Friday : 8:30am – 3:30pm 



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The Housing Bank to the Nation

The State Mortgage and Investment Bank (SMIB) is one of the most established financial institutions in Sri Lanka. Operating as a licensed specialized bank, it caters to the diverse needs of Sri Lankan citizens, ranging from housing financing to personal and business banking requirements. With a strong legacy of financial expertise and a commitment to meeting the evolving needs of its customers, SMIB has become a trusted partner for many seeking stability and growth for years.

A Heritage of Trust and Confidence

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.

SMIB Vision

To be the nation’s valued partner in development banking with market leadership in consumer finance.

SMIB Mission

SMIB will continue to be the premier housing bank in the nation and a valued partner in development banking.

  • Customer:
    We are committed to serving all our customers with attractive financial solutions to suit their housing and development financial needs through superior customer service, innovation, quality, and state-of-the-art technology.
  • Business Partners:
    We will offer the best returns for investments with solid security and flexibility.
  • Employee:
    We will 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 enhancing 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.

Our Values

At SMIB, we strive to:

  • Act with integrity and show respect.
  • Exhibit professionalism and excellence in all that we do.
  • Work with dedication and accept accountability for our actions.
  • Display openness and strive for teamwork.
  • Solicit innovative ideas and proactive solutions.
  • Have a hunger for learning and a passion for growing with the bank.

Dedicated Housing and Development banking Services

Over the years, as the Bank's operations expanded, SMIB has fortified its position by augmenting its product portfolio beyond home mortgage loans to cater to varied consumer banking and development banking demands.

  • Savings accounts, fixed deposits, and other loan services to Consumer banking customers.
  • Supporting the growth of SME businesses with tailored SME loans and micro-lending solutions.
  • Island-wide Branch Network that operates with a robust channel strategy across 25 branches island-wide.

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