Sampath Bank leads Rs. 33.5 b syndicated loan facility for CEB

Friday, 26 September 2025 00:24 - - {{hitsCtrl.values.hits}}

From left: CEB Finance Manager – Strategic Management and Bulk Supply Operations Nihal Fernando, General Manager Wasantha Edussuriya, Director Asanka Palamakumbura, Vice Chairman Saliya Jayasekara, Sampath Bank Managing Director/CEO Sanjaya Gunawardana, NTB Vice President – Structured Finance and Institutional Banking Lakshan Wanniarachchi, Pan Asia Bank Deputy General Manager – Credit Gayanath De Silva, and Sampath Bank Assistant General Manager – Corporate Finance Kusal De Silva

Sampath Bank has successfully led a landmark syndicated loan of Rs. 33.5 billion for the Ceylon Electricity Board (CEB), together with Nations Trust Bank (NTB) and Pan Asia Bank. This significant funding facility will cushion the debt restructure of CEB and support its ongoing operations, ensuring the continued delivery of reliable power to the nation.

The syndicated loan highlights the collective strength of Sri Lanka’s banking sector in supporting nationally important institutions. By taking the lead role in this initiative, Sampath Bank reaffirms its commitment to promoting sustainable growth and contributing to the country’s long-term economic development, the bank said in a statement.