Sampath Bank was awarded the Silver award of the Banking Sector Category for its 2014 Annual Report at the CA Sri Lanka Annual Report Awards Competition. Further, the Bank was awarded the Silver award for Overall Excellence in Corporate Social Responsibility Reporting.
December 03, 2015: The London based Financial Times honoured Sampath Bank with the prestigious ‘The Banker Award’ for the fourth time in recognition of the Bank’s steady performance during the past year amidst challenging circumstances. Celebrated as the ‘Oscars’ of the banking industry, The Banker Award rewards prudent risk approach, strong management and excellence in banking practices. The recognition criteria for this award cover a comprehensive range of banking practices while the evaluation process has always been stringent.
“We are proud of this recognition from a global entity which is a testimony to our strength as a bank and the excellence of our service standards. We owe this success to the support of our shareholders, the trust that our customers have in us and last but not least the commitment of our staff. Thus, we dedicate this prestigious award to our staff and customers who deliver weighty support to our success. As a truly Sri Lankan bank we will continue to aim for excellence in our growth and performance while maintaining the balance between stakeholder expectations and our responsibility to the community” said Aravinda Perera, Managing Director, Sampath Bank PLC commenting on this achievement.
Sampath Bank is one of the largest private commercial banks in Sri Lanka, which has been in operation for more than 25 years. The Bank has an asset base of more than Rs 450 billion that generates high returns to its shareholders and is renowned in the Sri Lankan banking industry as the initiator of various innovative trends in terms of Information Technology related to banking services. Sampath Bank was responsible for introducing the novel concept of Uni-banking, in which all service outlets are connected, facilitating customers to transact with any outlet in the net-work. Since inception, Sampath has become a fully computerized Bank and is also the first bank in the Sri Lankan industry to introduce Debit Cards and the first Master Credit Card to the market.
With its strong customer base as one of its key strengths, Sampath Bank delivers its services through 224 service outlets that operate island wide and the well-spread ATMs network. Further, the bank’s “Sampath vishwa” – online banking (via internet and mobile app) and other mobile based virtual banking products have been gaining immense popularity due to their innovative nature and user friendliness. Sampath Bank is also focusing on expanding its service outlets in regional locations and as the first step in this direction, opened its representative office in Myanmar recently in 2015.
As a national bank, Sampath Bank has made CSR a key part of its business ethics with CSR policies revolving around social projects attuned towards society’s needs. Over the years, the Bank has spearheaded numerous CSR projects based on its ‘5E CSR Model’ which focuses on Education for Development; Empowerment of Community; Ethics and Values; Environment Protection and Conservation and Entrepreneurship Development.
“This is the fourth time that we’ve been honoured with The Banker Award. This time we have more cause for celebration than ever before since this honour followed what was a challenging period for the industry,” added Aravinda Perera.
Sampath Bank achieved a strong profit growth in 2014 compared to the year 2013 and the same momentum can be seen in 2015. In addition, Sampath Bank also achieved a considerable asset, advances and deposit growth in the year 2014 and during the nine months up to September 2015.
Sampath Bank was adjudged as the “Overall Best Corporate Citizen 2015” at the Best Corporate Citizen Sustainability Awards presented by the Ceylon Chamber of Commerce
Best Corporate and Sustainability Awards organized by Ceylon Chamber of Commerce is the top most awards that a corporate entity can earn for its “Higher State of Corporate Excellence” under the Triple Bottom Line.
Our latest Off-Site ATM opened at No.225 B 1/1, Baseline Road ( Dr. Danister de Silva Mw), Colombo 09.
Sampath Bank clinched the Gold Award in the category of CSR Brand of the Year at the 14th SLIM Brand Excellence Awards. Sampath Bank presented the success story of Sampath Saviya Entrepreneur Development program to win this prestigious award.
Sampath Bank won the Bronze Award at National Best Quality Software Awards (NBQSA) 2015, for “Automated Teller Safe” in the In-house Application Category.
The Bank has won 13 NBQSA awards so far and this is the 8th time to receive an award at the NBQSA.
Our latest two Off-Site ATMs opened at No.24, Dutugemunu Street, Pamankada, Dehiwala and Laugfs Supermarket, No.351, Galle Road, Wellawatta
On October 07th 2015, Sampath Bank PLC opened its first Representative Office away from the Sri Lankan shores in Myanmar. With the obtaining of license from the Central Bank of Myanmar to operate a Representative Office, the Bank commenced operations in Yangon, the largest city in Myanmar. The soft opening of the Representative Office was declared by the Chief Operating Officer of Sampath Bank, Nanda Fernando, together with the Sri Lankan Ambassador in Myanmar, His Excellency, Nimal Karunaratne.
The Representative Office is located in the modern office complex, Novotel Hotel Max, Room No 314,459, Third Floor Pyay Road, Kamayut Township, Yangon. Accordingly, Lakkhana Gooneratne assumed duties as the Manager of the Representative Office
Myanmar is a country blessed with Jade and Gems together with oil and many other natural resources. It also possesses a culture very close to that of Sri Lanka with the vast majority of the 51 million population of Myanmar consisting of Theravada Buddhists
In keeping with the vision of Sampath Bank, the Bank carefully selected a country in which the conditions are somewhat similar to Sri Lanka, but has a vast potential to develop in the industry of Banking with mutual benefits to both Sri Lanka and Myanmar. Sampath Bank identifies Myanmar as a location of great potential with which it could share the experiences of high tech banking pioneered by the national bank for the last 28 years
The primary functions of the Representative Office would be to provide advisory services and assist the Sri Lankan customers who would be engaged in a bi-lateral trade between the two countries. Further, the opportunities would also help Sri Lankan customers with their trading activities in the near future
With the gradual removal of existing sanctions on Myanmar, Sampath Bank is confident that this move into the new markets in South East Asia will open a new chapter in the history of Sampath Bank in order to take the bank to the next level. As a growing force in Sri Lanka’s finance sector, this novel expansion of service to foreign land is a strong depiction of Sampath Bank’s undying commitment and persistence to push barriers in order to reach new heights
Mr. Nanda Fernando, Chief Operating Officer Sampath Bank PLC & Sri Lankan Ambassador in Myanmar, His Excellency, Nimal Karunaratne ceremonially opening the Sampath Bank Representative office in Mynmar. Mr. Hemantha Swarnathilake, Minister in Sri Lankan Embassy in Myanmar and Lakkhana Gooneratne , Manager - Sampath Bank representative office in Myanmar are also present in the photograph.
Sri Lankan Ambassador in Myanmar, His Excellency, Nimal Karunaratne at the official opening ceremony. Mr. Hemantha Swarnathilake, Minister in Sri Lankan Embassy in Myanmar & Mr. Nanda Fernando, Chief Operating Officer Sampath Bank ,are also present in the photograph.
Sampath Bank was the Platinum Sponsor of the COYLE Sampath Bank Entrepreneurial Forum 2015 titled ‘Dare to Be Different’ which was held on 30th September 2015 at Galle Face Hotel Entrepreneurial Forum, presented a panel of exceptional entrepreneurs and impact leaders in the areas of shipping and logistics, pharmaceuticals, and manufacture and export. This year’s keynote speaker was Kumar Sangakkara, former captain of the Sri Lankan national team who has begun a series of projects ranging from social entrepreneurship to social responsibility.