Home / Financial Services/ Sampath Bank continues dominance at World Finance Banking Awards

Sampath Bank continues dominance at World Finance Banking Awards

Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 10 July 2018 00:43

Sampath Bank was recognised as Sri Lanka’s ‘Best Retail Bank’ and ‘Best Commercial Bank’ for the fifth consecutive year at the prestigious World Finance Banking Awards awarded by UK based World Finance magazine. Continuing to win accolades both within the island and around the world, the bank has reigned supreme at this forum, bringing home the two awards, consistently, ever since 2014.

Being the only Sri Lankan bank to have been recognised at this year’s event, the awards are a reflection of the strong growth in Sampath Bank’s overall profitability, its healthy liquidity levels, higher earnings per share, dividends and returns to shareholders in general and the consistent growth in its market share in both asset and liability class products and services.

The World Finance magazine states that the 2018 edition of the awards “have sought to identify the banks that have successfully held their nerve during a period of uncertainty and are now preparing tools to last them for the foreseeable future and beyond”.

“Standing alongside some of the world’s best banking and financial service providers, we are honoured to have been recognised at the World Finance Banking Awards for the fifth consecutive year,” said Sampath Bank PLC Managing Director Nanda Fernando.

“The awards are a testament to our overall performance, financial ratios, the variety and clarity of our products and services, alternative financial product offerings, corporate governance, parallel market interaction and competitive strategy. This wouldn’t have been possible without the commitment and relentless efforts of our team. Continuing to leverage emerging technologies, we remain committed to enhancing the quality of lives of our fellow Sri Lankans by offering them greater levels of service and convenience through world class products and services.”

The World Finance Banking Awards are one of the most respected accolades in the banking and financial services sector, globally. The renowned World Finance magazine has been celebrating achievement, innovation and brilliance since 2007 through these annual awards that recognise banks’ excellence across several criteria.

The honours received at the World Finance Banking Awards join the multitude of recognitions that have been bestowed on Sampath Bank in 2018. Earlier this year, the bank was included to the MSCI Frontier Market 100 Index, becoming the only Sri Lankan company in the Index with a weightage of 0.36%.

Established in 1987, Sampath Bank has become a state-of-the-art financial institution that continues to be a market leader today thanks to its constant innovation and customer focused approach to business. Its unique tailor-made solutions, superior services and convenience of access have allowed Sampath Bank to further differentiate itself from the competition and stand out as the bank of choice for many in Sri Lanka.

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Bright star Imran Khan could well go the way of his predecessors

Saturday, 21 July 2018

Imran Khan, the Pakistani cricket star, anti-corruption crusader and politician, appears to be within reach of his cherished goal of winning the 25 July Pakistan National Assembly (NA) elections and becoming Prime Minister.

Top Cola brand crashing globally; lesson for Sri Lanka

Friday, 20 July 2018

We have heard the age old adage, if a brand is not in line to the trends of a customer, they will cease to exist over time.

Religion and politics: a tale of two hypocrisies

Friday, 20 July 2018

It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief,

Sri Lanka’s Trade Information Portal – Bringing local traders one step closer to the global market

Friday, 20 July 2018

Sri Lanka’s traditional lacework famously known as Beeralu is slowly moving into the spotlight of the global fashion industry

Columnists More