roadBlockAd
brand logo
logo

Sampath becomes youngest bank to surpass Rs. 1 t in assets

25 Aug 2020

[caption id="attachment_96059" align="alignleft" width="300"] The Sampath Bank head office[/caption] Sampath Bank PLC recently announced that its asset base has surpassed Rs. 1 trillion, making it the youngest bank in Sri Lanka to achieve this feat. This is a significant milestone for the bank, given that only a very few players in the industry have reached this landmark and the volatile market conditions experienced during the last one-and-a-half years. Speaking about this achievement, Sampath Bank Managing Director Nanda Fernando said: “This is a proud moment for all of us at Sampath Bank as we celebrate reaching our first trillion. Being the youngest bank to achieve this feat reflects the dynamism, speed, and agility with which we operate, as well as the hard work done over the years. Now that we have achieved our first, we will continue to raise the bar and strive for more landmark achievements such as this in the years to come.” This accomplishment is the latest in a year that has seen Sampath Bank winning accolades across avenues. According to LMD’s Brands Annual publication, Sampath Bank was ranked among the top 10 “Most Loved Brands” in the country and was the only bank to feature in the top 10, a clear indication that its drive to create seamless customer experiences has borne fruition. The bank was also ranked fifth among the Most Valuable Entities in Sri Lanka, according to a survey commissioned and conceptualised by LMD and conducted by Brand Finance, which ranked the nation’s most admired corporations. Continuing its winning streak for the seventh consecutive year, the bank was also recognised as Sri Lanka’s “Best Retail Bank” and “Best Commercial Bank” at the World Finance Banking Awards organised by the UK-based World Finance magazine. Sampath Bank was the only Sri Lankan bank to have been recognised at this year’s event and the only bank in the country to have received both these awards every year since 2014.


More News..