Sampath Bank becomes youngest to achieve Rs. 1 trillion in assets, in just 33 years

Sampath-Bank-Head-Office

Aug 24, 2020 (LBO) – Sampath Bank recently announced that its asset base has surpassed Rs. 1 trillion, making it the youngest bank in Sri Lanka to achieve this feat.

This is a significant milestone for the Bank, as very few players in the industry have reached this landmark.

This achievement is particularly noteworthy, given the volatile market conditions experienced during the last one and a half years.

“This is a proud moment for all of us at Sampath Bank as we celebrate reaching our first trillion,” speaking about this achievement Nanda Fernando, Managing Director of Sampath Bank said.

“Being the youngest bank to achieve this feat reflects the dynamism, speed and agility with which we operate, as well as the hard work done over the years. Now that we have achieved our first, we will continue to raise the bar and strive for more landmark achievements such as this in the years to come.”

Established in 1987, Sampath Bank is a 100% local bank that has deeply rooted itself in the lives of the people of Sri Lanka.

As part of its visionary 2020 approach, the bank is steadily transforming itself into a ‘Tech Company engaged in banking,’ from the traditional approach of a bank engaged in technology.