Sampath Bank becomes youngest local bank to cross Rs. 1 trillion in assets

Sampath Bank saw its asset base cross the Rs. 1 trillion mark in 2020, a feat achieved by very few players in the industry and the youngest bank to do so, it said in a media release on Monday.

Given the volatile market conditions experienced during the past one and a half years, the many achievements in recent times is a true testament to the strength and stability of Sampath Bank, its resilience and adaptability and the confidence placed in it by investors and customers alike.

“Right from our inception, we have strived to constantly innovate, transforming the nation’s financial services landscape and delivering greater value to all our stakeholders. Helping us earn the trust of our customers and shareholders, our efforts in this regard have been instrumental in shaping our financial success. They also continue to bring us ever more awards and accolades, both at home and around the world,” said Nanda Fernando, Managing Director of Sampath Bank PLC.

Sampath Bank was rated amongst the Most Admired Companies of Sri Lanka by the International Chamber of Commerce of Sri Lanka (ICCSL), the Chartered Institute of Management Accountants (CIMA). The bank is one of only 5 companies to receive an Honorable mention at the annual Most Admired Company Awards for the financial year 2019/20. The coveted award recognises companies, both listed and unlisted, that are a cut above the rest in terms of not just their financial performance but also the value they create for their shareholders, customers, employees and the wider community in general.