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

Tuesday, 21 October 2014 00:10 - - {{hitsCtrl.values.hits}}

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 recognise 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, Sampath Bank Managing Director Aravinda Perera 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 recognised as a formidable competitor, amidst the high competition and increasingly advanced customer needs in today’s financial market. As a customer centric organisation, Sampath Bank has shown a continuous commitment towards satisfying the changing needs of our valued customers, with the localisation of technologically advanced and personalised 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 customised products and social services have beenthe driving forcestowards achieving our aspiration of becoming a ‘Growing Force in the Sri Lankan Financial Sector.” Over the years, Sampath Bank has been the recipient to many prestigious and world-class awards including the recently acclaimed Euromoney Award that feted Sampath Bank as the ‘Best Bank in Sri Lanka’. The bank was adjudged as the 1st runner up in the overall ‘A’ category, at the Best Corporate Citizen Sustainability Awards 2013, which is the country’s top most Corporate Social Responsibility award organised by The Ceylon Chamber of Commerce. Furthermore, Sampath Bank has been awarded the ‘Best Banking Group in Sri Lanka’ by the World Finance Magazine and has also achieved the highly acclaimed ‘Bank of the Year’ award, by the ‘The Banker’ of Financial Times Limited in London. Perera added: “This recognition would not have been possible without the overwhelming support given to us by our customers. We at Sampath Bank would like to sincerely extend our gratitude to our loyal customers and thank them for their loyalty and supportshown to us throughout. The bank guarantees a continued commitment to our customers with our constantly evolving and innovative products and services.” 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.