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Seylan Bank PLC received honours as one of Sri Lanka’s best performing corporate entities at the Business Today’s Top 30 Awards 2017-18, held at the Shangri-La hotel, Colombo recently.
With consistent growth and performance, Seylan Bank has increased its positioning by nine rankings since last year, and was ranked as the 11th best performing entity in this year’s listing.
Commenting on the recognition, Seylan Bank PLC Director/CEO Kapila Ariyaratne said, “We are extremely proud to stand tall along with some of Sri Lanka’s blue-chip organisations. Despite the challenging macro-economic conditions, our passion to innovate and deliver great value to all our stakeholders has helped us to grow sustainably and improve our overall performance and services. I would like to thank our Board of Directors, shareholders, our dedicated employees and all our customers for their contributions that have played an integral part in yielding this position for the Seylan Bank.”
The awards platform recognised the financial performance of established blue chip organisations that stabilise the growing Sri Lankan economy. All business entities were evaluated with the assistance of KPMG Sri Lanka based on the published information of companies listed on the Colombo Stock Exchange and Social considerations for the financial year ended 31 December 2017 and 31 March 2018. In addition, this year’s, Business Today Awards also recognised four eminent individuals under a new category titled ‘Special Recognition’.
Earlier this year, Seylan Bank was feted with awards at The Golden Globe Tigers Awards and SLIM NASCO for its marketing and service excellence. The bank also received a special recognition from Wells Fargo Bank in USA, for its continuous commitment to improve the overall efficiency levels in the global trade and other payments community systems.
Seylan Bank closed its nine months ending 30 September, with a post-tax profit of Rs. 3,138 million, a moderate growth of 4.5% over the corresponding period last year in the backdrop of challenging market conditions.
Seylan Bank, operates with a vision to offer the ultimate banking experience to its valued customers and is evolving rapidly with new technology, innovative products and services to set a new benchmark in the banking sector. The Bank has expanded its footprint with 169 branches across the country and boasts an ATM network of 208 units covering crucial locations. Seylan Bank has a growing clientele of SMEs, Retail, and Corporate customers and has been recognised in the global arena for its excellence in social media.
