The IBSL, as a professional body discharges four primary functions

The Mandate / Mission of the IBSL

(i) To provide instruction and training for employees of banking institutions and employees of the Central Bank of Sri Lanka in the study of the theory and practice of banking and of related subjects and for such purpose to provide all facilities including lectures, discussions and library facilities;

(ii). To conduct examinations and to issue certificates to those who are successful in such examinations;

(iii). To facilitate and encourage discussions on matters of interest to bankers; and

(iv).To take such measures as may be desirable to further the interest of banking.