Sampath Bank rises within the pinnacle of Sri Lankan corporates

Sampath Bank PLC was awarded the 6th Top Corporate performer position in Sri Lanka for the financial year ending 2015-2016 at the Business Today TOP 30 awards ceremony held at Colombo Hilton recently in the presence of Chief Guest Prime Minister Ranil Wickremesinghe. 

This year, the bank leaped up an impressive four ranks from No.10 in the financial year ending 2014-2015 edition of Business Today’s TOP 30. Over the past two decades, the bank was recognised for its strength, stability and primary focus on customer convenience, information technology and innovative products. 

Having been recognised as the 6th top corporate, Sampath Bank was also commended for its underlying commitment of good governance evident in the bank’s balance between economic performance of corporates and environmental social performance. During the financial year 2015, Sampath Bank posted a revenue up by 5.5% to record Rs. 47 billion. The bank further documented a growth of 24.8% to record Rs. 6.1 billion after taxes. 

Commenting on this invaluable recognition, Sampath Bank PLC Managing Director Nanda Fernando said: “Being recognised by the Business Today as one of the top corporates in Sri Lanka is an outstanding achievement. Over the years, Sampath Bank has grown from strength to strength and we owe this recognition to our loyal customers as well as our employees who work towards the goals of the bank as well as the country. While offering beneficial and convenient services that cater to dynamic and evolving customer needs, Sampath Bank will continue to ensure that solutions we offer go beyond the norm of the banking industry – greatly contributing to the socio-economic needs of the society and well-being of the country.” 

Positioned as one of the leading private banks in Sri Lanka that outshines conventional customs of the banking industry, Sampath Bank was recently honoured with awards for ‘Best Innovation in Retail Banking 2016’ and ‘Best Commercial Bank of the Year Sri Lanka 2016’. Furthermore, accolades such as Sri Lanka’s Best Bank 2016’ and ‘The Best Retail and Commercial Bank in Sri Lanka 2016’, elevates Sampath Bank on to a higher pedestal – standing as a monument of excellence in the banking industry of Sri Lanka. The Business Today TOP 30 is firmly based on the published information of companies listed in the Colombo Stock Exchange. The Business Today TOP 30 were selected on the basis of the ranked corporates financial performance during the financial year ending 31 December 2015 and 31 March 2016.