Sampath Bank again named Best Commercial and Retail Bank by World Finance Magazine

Friday, 11 September 2015 00:00 - - {{hitsCtrl.values.hits}}

Sampath Bank, the pioneer in the banking and finance industry, has been recognised as the ‘Best Commercial Bank’ and ‘Best Retail Bank’ in Sri Lanka for the second consecutive year by the renowned UK-based World Finance Magazine.

The World Finance Award recognises banks of excellence using a wide-ranging criteria which includes overall performance, financial ratios, variety and the clarity of products and services, corporate governance, alternative financial products offering, parallel market interaction and competitive strategy.

To be recognised as the Best Commercial Bank and Best Retail Bank by the greatly respected World Finance Magazine places Sampath Bank at the zenith of the best financial institutions from the global arena. Sampath Bank’s differentiated effort and commitment to recognise and satisfy the ever-changing needs of Sampath customers have been an integral driving force behind their success. Additionally, the support given by Sampath customers is yet another integral force that has contributed towards the bank’s tremendous growth in the Sri Lankan financial sector.

The World Finance Banking Awards is greatly renowned throughout the financial press as the pinnacle of recognition for major banks. With a readership of 120,000 key decision-makers around the world, this prestigious magazine flaunts a distribution network that includes some of the most prominent decision-makers around the world. Over the years, Sampath Bank has been the recipient of many prestigious and world-class awards including the recent ground-breaking acclamation of the ‘Best Sustainability Report’ Award at the Asia Sustainability Excellence Awards 2015 and the ‘Best use of CSR Practices in Banking & Finance’ and ‘Poverty Alleviation’ at the Asia Best CSR Practices Awards 2015. The bank was also adjudged the ‘Best Bank in Sri Lanka’ at the EuroMoney Awards 2013 and 2014 and the first runner-up in the overall ‘A’ category, at the Best Corporate Citizen Sustainability Awards 2013, which is the country’s top most Corporate Social Responsibility award organised by the Ceylon Chamber of Commerce.

This recognition of Sampath Bank by the World Finance Magazine for the second consecutive year is another addition to the many steppingstones that have elevated the bank’s success and position in Sri Lanka’s banking industry.

This achievement strongly depicts Sampath Bank’s undying efforts and initiatives to go beyond the ordinary and reinforces the bank’s commitment to focus its efforts towards economic development, and the growth and sustainability of society and the environment as a whole.