About Us
Sampath Bank at a Glance
OUR PURPOSE
Empower dreams and enrich lives.
OUR VISION
To be the leader in transforming lives by unlocking financial potential with innovation, integrity, and empathy while nurturing financial well-being, sustainable growth, and economic prosperity.
OUR VALUES
- Create a learning culture that promotes individual and organisational development as well as promoting innovation and value for customers.
- Treat all internal and external customers the way we would like to be treated.
- Encourage and promote teamwork in all aspects of behaviour.
- Open to feedback and demonstrate an eagerness for personal development.
- Monitor and demonstrate an impressive commitment to results.
- Uncompromising ethical and professional standards of behaviour.
Passionate about empowering and promoting the financial well-being of all Sri Lankans, we at Sampath Bank constantly push the boundaries of innovation and embrace technology to develop solutions that meet the unique needs of individuals and businesses. By prioritising financial inclusion, we unlock economic potential, build stronger and more resilient communities and fuel the sustainable economic growth of the nation.
Customers onboarded to digital platforms (Sampath Vishwa and WePay)
>364,000 
2023: >359,000
Transaction volumes on digital platforms (Sampath Vishwa and WePay)
40.5 Mn
2023: 34.3 Mn
Transaction values on digital platforms (Sampath Vishwa and WePay)
Rs 3.4 Tn
2023: Rs 2.8 Tn
We nurture the aspirations of our communities through a comprehensive suite of financial solutions…
Rs 27.3 Bn
Profit after tax
2023: Rs 17.1 Bn
59.4%
Rs 1,778 Bn
Asset base
2023: Rs 1,542 Bn
15.3%
… delivered through our business verticals...
Corporate Banking
- Corporate Credit
- Corporate Finance
- FCBU
- International Trade
SME and Retail Banking
- Lending
- Deposits
- Credit Cards
- Remittances
Treasury
- Treasury Bills and Bonds
- Repo and Reverse Repo
- FX Spot, Forward and Swap Contracts
- SLISBs
- US Treasuries
| Contribution to | ||
|---|---|---|
| Asset Base | Profit Before Tax | |
| Corporate Banking | 16% | 16% |
| SME & Retail Banking | 55% | 49% |
| Treasury | 29% | 35% |
…and a motivated and empowered team of 4,428 employees.
Financial Highlights
A National Long Term Rating of 'AA-(lka) Stable' w.e.f 21st January 2025 [31st December 2024: A(lka) Stable] by Fitch Ratings Lanka Limited.
Our Socio-Economic Impact
| Direct Economic Value Generated | |||
|---|---|---|---|
| 2024 Rs Mn |
2023 Rs Mn |
Change % |
|
| Interest income | 183,055 | 203,447 | (10.0) |
| Exchange loss | (4,220) | (1,887) | (123.6) |
| Commission income | 22,289 | 22,910 | (2.7) |
| (Loss)/gain from investments | (7,015) | 943 | (843.9) |
| Other income | 1,207 | 473 | 155.2 |
| 195,316 | 225,886 | (13.5) | |
The value created in 2024 decreased by 13.5% to Rs 195,316 Mn, due to the following factors:
- Interest income declined by 10.0% due to lower interest rates on loans and advances in a declining interest rate environment.
- Exchange losses surged by 123.6% as a result of the Sri Lankan Rupee appreciating against the US Dollar, leading to revaluation losses on forward exchange contracts and FCBU reserves.
- Commission income fell by 2.7%, mainly because of reduced commission rates on import transactions and the appreciation of the Sri Lankan Rupee.
- Investment income reported a loss of Rs 7,015 Mn in 2024, primarily due to the loss from SLISBs following a successful restructuring process.
| Economic Value Distributed | |||
|---|---|---|---|
| 2024 Rs Mn |
2023 Rs Mn |
Change % |
|
| Depositors and lenders | 99,552 | 126,735 | (21.4) |
| Employees | 18,057 | 14,250 | 26.7 |
| Government of Sri Lanka | 25,715 | 20,590 | 24.9 |
| Community | 190 | 209 | (9.1) |
| Providers of capital | 14,460 | 11,283 | 28.2 |
| Operating costs | 25,593 | 21,848 | 17.1 |
| 183,567 | 194,915 | (5.8) | |
| Economic value retained (after payment of dividend to shareholders) | 11,749 | 30,971 | (62.1) |
| 195,316 | 225,886 | (13.5) | |
Sampath Bank distributed 94.0% of the value created in 2024 to stakeholders while retaining 6.0% to support future growth objectives and build resilience. Of the value distributed in 2024:
- Approximately 51.0% of the economic value created in 2024 was distributed to depositors and lenders, amounting to Rs 99,552 Mn. This represents a 21.4% decline compared to 2023, reflecting the decrease in interest rates.
- The Bank distributed 9.2% of the value created in 2024 to its team, totalling Rs 18,057 Mn, which is a 26.7% increase compared to 2023.
- The Government of Sri Lanka (GOSL) received 13.2% of the value created in 2024 in the form of tax payments. The value distributed to the GOSL increased by 24.9%, totalling Rs 25,715 Mn, due to improved performance.
- The Bank distributed 7.4% of the value created to providers of capital, including debt securityholders and shareholders. Accordingly, Rs 14,460 Mn was distributed to providers of capital, reflecting an increase of 28.2% compared to 2023.
- Approximately 13.1% of the value created was allocated to meet operating expenses, amounting to Rs 25,593 Mn. This marked a 17.1% increase compared to 2023.
