Sampath Bank Ranked as ‘Best Retail’ and ‘Best Commercial’ Bank in Sri Lanka

November 2, 2014

Banking Excellence Recognised with two top awards from World Finance Magazine

Sampath Bank was recently feted as the ‘Best Commercial Bank’ and the ‘Best Retail Bank’ in Sri Lanka by the critically acclaimed UK based

World Finance Magazine. The awards recognize excellence achieved by banks against several criteria, including; overall performance, financial ratios, variety and clarity of products and services, corporate governance, alternative financial products offering, parallel market interaction and competitive strategy. The World Finance Magazine 2014 has endorsed Sampath Bank as the third largest and most impressive private sector bank on the island, with close to three decades of experience and steadily increasing deposit volume.

Commenting on this distinguished award, Aravinda Perera, Managing Director, Sampath Bank, stated, "We are immensely proud of these recognitions by The World Finance Magazine, which places us on par with the best financial institutions on a global scale. Sampath Bank is honoured to be recognized as a formidable competitor, amidst the high competition and increasingly advanced customer needs in today’s financial market. As a customer centric organization, Sampath Bank has shown a continuous commitment towards satisfying the changing needs of our valued customers, with the localization of technologically advanced and personalized banking products. Additionally, Sampath Bank has acknowledged its deep roots in social conscience with its numerous CSR initiatives, which pre-dominantly focus on improving the socio-economic progress of the country. We believe that these differentiations in customized products and social services have been the driving forces towards achieving our aspiration of becoming a ‘Growing Force in the Sri Lankan Financial Sector."

The recognition of Sampath Bank by The World Financial Magazine has further elevated the bank’s position in the Sri Lankan banking industry, within a short span of time. The bank will continue to offer customers with products and services that will strengthen their aspiration towards being a formidable force in the Sri Lankan banking industry.

The World Finance Magazine is a popularly subscribed, bi-monthly magazine which provides readers with an in-depth analysis of today’s financial industry and economy. The prestigious award programmes associated with The World Finance Magazine are tailored to provide a comprehensive analysis of the very best organizations in various markets across the globe. Working in partnership with Reuters, the World Finance Magazine is a trusted media source that focuses on the most complex and innovative issues of the day. As such, the magazine is an essential read for anyone who wants to understand the mechanics of the financial world in the 21st century.