&

And

°C

Celsius

12mECL

12 Months Expected Credit Loss

24/7-365

At any time, all year round

2H

Second Half

ABC

Anti-Bribery and Corruption

AC

Air Conditioner

ACBE

Annual Conference on Business Economics

ADB

Asian Development Bank

AED

United Arab Emirates Dirham

AGM

Annual General Meeting/Assistant General Manager (as appropriate)

AI

Artificial Intelligence

ALCO

Asset and Liability Management Committee

ALM

Assets & Liabilities Management

AML

Anti-Money Laundering

AOT

Art of Transformation

AP

Authorised Persons

APEC

Asia-Pacific Economic Cooperation

APG

Asia-Pacific Group on Money Laundering

API

Application Programming Interface

ASA

Alternative Standardised Approach

ASPI

All Share Price Index

AT 1

Additional Tier 1

ATL

Above the Line

ATM

Automated Teller Machine

AUD

Australian Dollar

AWDR

Average Weighted Deposit Rate

AWFDR

Average Weighted Fixed Deposit Rate

AWLR

Average Weighted Lending Rate

AWPLR

Average Weighted Prime Lending Rate

B2B

Business to Business

BAC

Board Audit Committee

BBS

Branch Bench Strength

BCBS

Basel Committee on Banking Supervision

BCC

Board Credit Committee

BCMC

Board Cost Monitoring Committee

BCP

Business Continuity Plan/Planning (as appropriate)

BCPC

Board Capital Planning Committee

BHRRC

Board Human Resources and Remuneration Committee

BIA

Bandaranaike International Airport/Business Impact Analysis/Basic Indicator Approach (as appropriate)

BIRMC

Board Integrated Risk Management Committee

BIS

Bank for International Settlement

BITC

Board Information Technology Committee

BMC

Board Marketing Committee

BMI

Body Mass Index

BMICH

Bandaranaike Memorial International Conference Hall

BMS

Building Management System

Bn

Billion

BNGC

Board Nominations and Governance Committee

BNO

Bank Notes Operation

BOD

Board of Directors

BOI

Board of Investment of Sri Lanka

BOP

Balance of Payment

BPO

Business Promotion Officer/Business Process Outsourcing (as applicable)

bps

Basis Points

BRPTRC

Board Related Party Transactions Review Committee

BRU

Business Revival Unit

BSC

Board Sustainability Committee

BSL

Biodiversity Sri Lanka

BSPC

Board Strategic Planning Committee

BSRC

Board Shareholders Relations Committee

BSS

Baseline Security Standards

BTC

Board Treasury Committee

BTL

Below the Line

CA Sri Lanka/ICASL

Institute of Chartered Accountants of Sri Lanka

CAAT

Computer Aided Audit Techniques/Tools

CAD

Canadian Dollar/Credit Administration Department (as applicable)

CAGR

Compound Annual Growth Rate

CAPEX

Capital Expenditure

CAR

Capital Adequacy Ratio

CASA

Current Accounts and Savings Accounts

CBOU

Central Branch Operations Unit

CBSL

Central Bank of Sri Lanka

CCB

Capital Conservation Buffer

CCC

Customer Care Centre

CCD

Central Cash Department

CCDU

Central Credit Documentation Unit

CCER

Customer Complaint Event Reporting

CCO

Chief Compliance Officer

CCPI

Colombo Consumer Price Index

CCPU

Central Credit Processing Unit

CCTV

Closed-Circuit Television

CDD

Customer Due Diligence

CDK

Cheque Deposit Kiosk

CDM

Cash Deposit Machine

CDS

Central Depository Systems

CEA

Central Environmental Authority

CEC

Ceylon Entrepreneurs’ Club

CEFTS

Common Electronic Fund Transfer Switch

CEO

Chief Executive Officer

CET I

Common Equity Tier I

CFM

Close Family Members

CFO

Chief Financial Officer

CFT

Countering the Financing of Terrorism

CGU

Career Guidance Unit

CHF

Swiss Franc

CHRO

Chief Human Resource Officer

CHS

Complaint Handling System

CIA

Chief Internal Auditor

CIBF

Colombo International Book Fair

CIO

Chief Information Officer

CIRR

Customer's Internal Risk Rating

CISO

Chief Information Security Officer

CIT

Cheque Imaging & Truncating

CLDU

Central Loan Disbursement Unit

CMS

Cash Management Solutions

CNU

Credit Nursing Unit

CO2

Carbon Dioxide

CO2e

Carbon Dioxide Equivalent, is a standard unit for measuring carbon footprints

CPCEC

Colombo Port City Economic Commission

CPO

Chief Procurement Officer

CPR & PRC

Credit Policy, Risk & Portfolio Review Committee

CRM

Cash Recycler Machine/Credit Relationship Manager/Customer Relationship Management (as applicable)

CRO

Chief Risk Officer

CRRO

Climate Related Risks and Opportunities

CSD

Corporate Sustainability Department

CSE

Colombo Stock Exchange

CSP

Customer Security Programme

CSR

Corporate Social Responsibility

DA

Document against Acceptance

DBU

Domestic Banking Unit

DC

Documentary Credit

DDC

Data Dissemination Committee

DDO/DDR

Domestic Debt Optimisation/Domestic Debt Restructuring

DGM

Deputy General Manager

DLP

Data Leakage/Loss Prevention

DMS

Delinquent Management System

DP

Document against Payment

DPD

Days Past Due

DPO

Data Protection Officer

DR

Disaster Recovery

DRP

Disaster Recovery Procedure/Plan (as applicable)

D-SIB

Domestic Systemically Important Bank

DWC

Department of Wildlife Conservation

EAD

Exposure at Default

ECG

Effective Career Guidance

ECL

Expected Credit Loss

ED

Executive Director

EDB

Export Development Board

EDR

Endpoint Detection and Response

EFF

Extended Fund Facility

EIR

Effective Interest Rate

EMDE

Emerging Market and Developing Economies

EMS

Energy Monitoring System

EPF

Employees' Provident Fund

EPS

Earnings per Share

ESG

Environmental, Social and Governance

ESMS

Environmental and Social Risk Management System

ESOP

Employee Share Ownership/Option Plan

ESOS

Employee Share Option Scheme

ESPS

Employee Share Purchase Scheme

ETF

Employees' Trust Fund

ETR

Effective Tax Rate

EU

European Union

EUR

Euro

EVP

Employee Value Proposition

EWS

Early Warning Signal

FAD

Fiscal Affairs Department

FCBU

Foreign Currency Banking Unit

FCY

Foreign Currency

FD

Fixed Deposit

Fed Rate

Federal Funds Rate

FIM

File Integrity Monitoring

FinCSIRT

Sri Lanka Financial Sector Computer Security Incident Response Team

FINDAS

Finance Document Approval System

FIU

Financial Intelligence Unit of Sri Lanka

FMCG

Fast-Moving Consumer Goods

FRMC

Fraud Risk Management Committee

FSVAT

Value Added Tax on Financial Services

FTRA

Financial Transactions Reporting Act

FVOCI

Fair Value through Other Comprehensive Income

FVPL

Fair Value through Profit or Loss

FX/FOREX

Foreign Exchange

FY

Financial Year

G10

Group of Ten

GBP

British Pound Sterling

GCC

Gulf Cooperation Council

GDP

Gross Domestic Product

GHG

Greenhouse Gas

GJ

Gigajoule

GOSL

Government of Sri Lanka

GRI

Global Reporting Initiative

HHI

Herfindahl-Hirschman Index

HKD

Hong Kong Dollar

HLA

Higher Loss Absorbency

HNI/HNF

High Net Worth Individuals/High Net Worth Families

HQLA

High Quality Liquid Assets

HR

Human Resources

HRIS

Human Resource Information System

HVAC

Heating, Ventilation and Air Conditioning

i.e.

That is

IAD

Internal Audit Department

ICAAP

Internal Capital Adequacy Assessment Process

ICOFR

Internal Control Over Financial Reporting

ICT

Information and Communication Technologies

IDB

Industrial Development Board

IDP

Individual Development Plan

IFC

International Finance Corporation

IIA

Inward Investment Account

IIRC

International Integrated Reporting Council

IKIGAI

A Japanese concept referring to something that gives a person a sense of purpose, a reason for living.

ILEDR

Internal Loss Event Data Reporting

ILO

International Labour Organisation

IMF

International Monetary Fund

IMF-EFF

International Monetary Fund-Extended Fund Facility

IND

Independent Director

INR

Indian Rupee

IOT

Internet of Things

IPG

Internet Payment Gateway

IPO

Initial Public Offering

IR

Integrated Reporting

IRM

Integrated Risk Management

IRR

Interest Rate Risk

ISC

Information Security Committee

ISL

Individually Significant Loan

ISMS

Information Security Management System

ISO

International Organisation for Standardisation

ISSB

International Sustainability Standards Board

IT

Information Technology

IUCN

International Union for Conservation of Nature

JE I/JE II

Junior Executive I/Junior Executive II

JFPR

Japan Fund for Poverty Reduction

JPY

Japanese Yen

KDU

Kotelawala Defence University

Kg

Kilograms

Km

Kilometers

KMP

Key Management Personnel

KPI

Key Performance Indicators

KRI

Key Risk Indicators

kWh

Kilowatt-hour

KYC

Know-Your-Customer

L&D

Learning and Development

LC

Letter of Credit

LCB

Licensed Commercial Bank

LCP

Liquidity Contingency Plan

LCR

Liquidity Coverage Ratio

LDU

Loan Disbursement Unit

LED

Light-Emitting Diode

LGD

Loss Given Default

LKR

Sri Lankan Rupee

LMS

Learning Management System

LP Gas

Liquefied Petroleum Gas

LRS

Loan Review Summaries

LSB

Licensed Specialised Bank

LTECL

Life Time Expected Credit Loss

M&A

Mergers and Acquisitions

MAL

Maturity of Assets and Liabilities

MD

Managing Director

MIS

Management Information System

ML

Money Laundering

Mn

Million

MNC

Multinational Corporation

MOU

Memorandum of Understanding

MoM

Month-on-Month

MRMU

Market Risk Management Unit

MSME

Micro, Small and Medium Scale Entrepreneurs

MTM

Mark to Market

MVAC

Mechanical Ventilation and Air Conditioning

Mw

Megawatt

NBFI

Non-Banking Financial Institutions

NBQSA

National Best Quality Software Awards

NBRO

National Building Research Organisation

NBV

Net Book Value

NCD

Non-Communicable Diseases

NCE

National Chamber of Exporters

NCPI

National Consumer Price Index

NCRCS

New Comprehensive Rural Credit Scheme

NCRE

Non-Conventional Renewable Energy

NED

Non-Executive Director

NFCI

Net Fee and Commission Income

NGO

Non-Governmental Organisation

NID

Non-Independent Director

NII

Net Interest Income

NIM

Net Interest Margin

NOI

National Olympiad in Informatics

NOP

Net Open Position

NPA/NPL

Non-Performing Advances/Non-Performing Loans

NPS

Net Promoter Score

NRA

National Risk Assessment

NSBM

National School of Business Management

NSC

Network Services Centre

NSFR

Net Stable Funding Ratio

OBU

Offshore Banking Unit

OCI

Other Comprehensive Income

OD

Overdraft

OIA

Outward Investment Account

OPD

Outpatient Department

OPEX

Operating Expenditure

ORM

Operations Relationship Manager

ORMC

Operational Risk Management Committee

OTP

One-Time-Password

p.a.

Per Annum

p.m.

Per Month

P2P

Procure-to-Pay

PAM

Privileged Access Management

PAT

Profit After Tax

PBBS

Performance Based Bonus Scheme

PBT

Profit Before Tax

PC

Procurement Committee

PCI DSS

Payment Card Industry Data Security Standard

PD

Probability of Default

PDI

Past Due Interest

PDU

Primary Dealer Unit

PEP

Project Evaluation Process

PESTEL

Political, Economic, Social, Technological, Environmental and Legal

PFCA

Personal Foreign Currency Account

PII

Personal Identifiable information

PIN

Personal Identification Number

PLC

Public Limited Company

PLM

Product Lifecycle Management

PMEP

Project Management and Evaluation Process

PMS

Performance Management System

PPE

Property, Plant and Equipment

PUC

Projected Unit Credit

PVBP

Present Value Basis Points

Q1/Q2/Q3/Q4

Quarter 1/Quarter 2/Quarter 3/Quarter 4

QMS

Quality Management System

QoQ

Quarter-on-Quarter

QR Code

Quick Response Code

R&D

Research and Development

RBA

Risk Based Approach

RBP

Risk Based Pricing

RCC

Risk and Compliance Committee

RCGC

Royal Colombo Golf Club

RCP

Recovery Policy/Plan/Planning (as appropriate)

RCSA

Risk and Control Self-Assessment

Ref.

Reference

RHS

Right Hand Side

RMU

Risk Management Unit

ROA

Return on Assets

ROE

Return on Equity

ROI

Return on Investment

RPA

Robotic Process Automation

RPT

Related Party Transactions

RSA

Rate Sensitive Assets

RSL

Rate Sensitive Liabilities

RTO

Recovery Time Objectives

RWA

Risk Weighted Assets

RWN

Rating Watch Negative

SAL

Sensitivity of Assets and Liabilities

SASB

Sustainability Accounting Standards Board

SBEA

Sampath Bank Employees’ Association

SD WAN

Software-defined Wide Area Network

SDAS

Sampath Document Approval System

SDFR

Standing Deposit Facility Rate

SDG

Sustainable Development Goals

SDR

Special Drawing Rights

SEA

Sampath Expat Account

SEC

Securities and Exchange Commission of Sri Lanka

SENS

Sampath Employee Notification System

SGD

Singapore Dollar

SID

Senior Independent Director

SIEM

Security Information and Event Management

SITS

Sampath Information Technology Solutions Limited

SLA

Service Level Agreement/Sampath Learning Academy (as appropriate)

SLAR

Statutory Liquid Assets Ratio

SLBA

Sri Lanka Banks’ Association

SLDB

Sri Lanka Development Bond

SLFR

Standing Lending Facility Rate

SLFRS/LKAS

Sri Lanka Accounting Standards

SLID

Sri Lanka Institute of Directors

SLIM

Sri Lanka Institute of Marketing

SLISB

Sri Lanka International Sovereign Bond

SLSAE

Sri Lanka Standard on Assurance Engagements

SMD

Surface Mount Diode

SME

Small and Medium-sized Enterprises

SMILE

Small and Micro Industries Leader and Entrepreneur Promotion Project

SMS

Short Message/Messaging Service

SoAT

Statement of Alternative Treatment

SOC

Security Operation Centre

SOE

State-Owned Enterprises

SOFS

Symposium on Oceans and Freshwater Systems

SPO

Secondary Public Offering

SPPI

Solely Payments of Principal and Interest

sq. ft.

Square Feet

Sri Lanka NCPC

National Cleaner Production Centre of Sri Lanka

SRM

Security Register Maintenance

SRP

Supervisory Review Process

SRR

Statutory Reserve Ratio

SRRO

Sustainability Related Risks and Opportunities

SRS

System Requirements Specification

SSCL

Social Security Contribution Levy

STARS

Special Thanks and Recognition Scheme

STR

Suspicious Transaction Reports

SVC

Sampath Vishwa Corporate

SWIFT

Society for Worldwide Interbank Financial Telecommunications

SWOT

Strengths, Weaknesses, Opportunities and Threats

TAP

Trade Assistance Programme

T-Bill

Treasury Bill

T-Bill/T-Bond

Treasury Bill/Treasury Bond

TBO

Treasury Back Office

T-Bond

Treasury Bond

TCFD

Task Force on Climate-related Financial Disclosures

tCO2e

Tones of Carbon Dioxide Equivalent

TCW

Touchless Cash Withdrawals

TDD

Transaction Due Diligence

TF

Terrorist Financing

TFO

Treasury Front Office

Tn

Trillion

TNA

Training Need Analysis

TOR

Terms of Reference

TT

Telegraphic Transfer

TTDAS

Telegraphic Transfer Document Approval System

UCSC

University of Colombo, School of Computing

UI

User Interface

UK

United Kingdom

UN

United Nations

UNGC

United Nations Global Compact

UNICEF

United Nations International Children's Emergency Fund

UOP

University of Peradeniya

UPI

UnionPay International

UPS

Uninterruptible Power Supply

US

United States

USA

United States of America

USD/US$

United States Dollar

USJ

University of Sri Jayewardenepura

UX

User Experience

VAPT

Vulnerability Assessment and Penetration Testing

VaR

Value at Risk

VAT

Value Added Tax

Vis-à-vis

In relation to, counterpart

VRF

Variable Refrigerant Flow

VTM

Virtual Teller Machine

w.e.f

With Effect From

WE-Fi

Women Entrepreneurs Finance Initiative

WHO

World Health Organisation

WHT

Withholding Tax

WIM

Women in Management

YoY

Year-on-Year