Cargills Bank marks 11 years of purpose-driven banking

Cargills Bank celebrated its 11th anniversary on 30 June, marking over a decade of transformative, inclusive banking dedicated to reshaping access to financial services across Sri Lanka. Since its inception in 2014, the bank has grown steadily, driven by a singular mission: to enable progress in every Sri Lankan life it touches.

Built on a foundation of innovation and accessibility, Cargills Bank has pioneered a distinctive supermarket banking model that brings financial services closer to people’s daily routines. Through 26 branches and more than 530 agency banking points located across the country, the Bank continues to ensure that banking is not only accessible but relevant to diverse communities—urban and rural, individual and corporate.

Today, the Bank serves a wide customer base, offering services tailored for both retail and business clients. While its Supermarket Banking channel remains a convenient access point for everyday retail banking, it also plays a critical role in enabling corporate services such as cash collections and cash management solutions. 

With continuous investment in digital banking, Cargills Bank has further strengthened its value proposition—providing customers with secure, efficient, and user-friendly platforms for daily transactions. Its remittance platform has become a trusted solution for Sri Lankans overseas to send money home reliably, reinforcing family and economic connections across borders.

The past year brought new challenges, as it has for many in the financial services industry. True to its values, Cargills Bank is addressing these challenges with determination, a commitment to continuous improvement, and a clear focus on strengthening stakeholder confidence. The Bank’s journey over the past 11 years is a testament to its resilience—built not only on systems and structures, but on the trust and loyalty of its customers, employees, and partners.

As part of its continued journey of excellence, Cargills Bank was recognised with multiple prestigious accolades, including the Merit Award for “Technology Resilient Company of the Year” at the Digital Trust Awards 2024, Silver at the CA Sri Lanka TAGS Awards 2024, and a special honour at the SLITAD People Development Awards 2023/24 — reflecting the bank’s commitment to innovation, transparency, and people development. 

Looking ahead, Cargills Bank remains committed to supporting Sri Lanka’s economic revival by meeting the evolving needs of individuals, small businesses, and large corporates alike. With a strong capital position and a disciplined approach to growth, the Bank is poised to play an even greater role in the country’s development journey. 

In line with its broader commitment to inclusive progress, Cargills Bank has also expanded its community and sustainability initiatives over the past year. These include the donation of infrastructure to under-resourced schools, the rollout of financial literacy programmes for marginalised groups such as waste collectors, and environmental awareness campaigns promoting greener banking practices. Youth-focused outreach efforts have also continued, encouraging responsible saving habits and early engagement with formal financial services. Cargills Bank is introducing a range of special offerings, including high-return fixed deposits, exclusive card promotions, loan benefits, raffle draws, and investment planning tools — all aimed at adding real value to customers’ financial journeys. 

As the bank enters its second decade, it does so with a renewed sense of purpose. The journey ahead will be shaped by innovation, deeper customer engagement, and a firm belief in the power of financial services to uplift lives and communities across Sri Lanka.

Reflecting on the bank’s journey, Cargills Bank Managing Director/CEO Senarath Bandara stated, “As we mark 11 years since our founding, I am filled with gratitude for the trust placed in us by our customers, partners, and team. Our journey has been defined by both challenge and progress—and through it all, we have stayed true to our purpose of making banking more inclusive, accessible, and impactful. Looking forward, we remain committed to being a resilient and responsible financial partner in Sri Lanka’s future. Together, we will continue to grow stronger.”