“…Actually when it is come to competency it is knowledge, skills and attitude (respondent B1) These competencies include all the skills, knowledge, experience and everything that we consider important (respondent C1) Thus, for the sample banks in Sri Lanka, competences mean the "combination of knowledge, skills, experiences, and attitudes of employees". This definition supports early studies, in which competences defined as combinations of knowledge, skills and attitudes (Glajchen & Bookbinder, 2001;Otoo & Mishra, 2018;Van Loo & Semeijn, 2004). Sveiby (1997) included the "experience" as a component of competences in his definition.…”