The main Kandy branch is one of the oldest branches of the Bank of Ceylon. The Bank was established in 1939 as a private bank to serve mainly the Sri Lankan community that did not have adequate access to the British banks that operated in the island at that time. As a part of the anniversary celebration the Kandy branch recognized, with the award of commemorative plaques, its ten customers with the oldest accounts.

The other events in the celebrations included several acts of philanthropy. The Bank donated a refrigerator and other equipment to the cardiology unit of the Kandy hospital, rupees 100,000 worth of crockery to the Malwatta and Asgiriya temples, and insurance policies for some lucky child account holders.