Sampath Bank continues to revolutionise the trade industry

International trade is a vital segmentof the Sri Lankan economy and a financial support system.Thisattuned to the needs of those engaged in import and export which areintegral for the sector’s continued growth. As a bank that is constantly evolving to meet the needs of its diverse customers, Sampath Bank is among one of the fewfinancial institutions that has a comprehensive trade service offering.

With a network of 229 branches across the country and 12 super branches operating from 8.00am to 08.00pm throughout the year, supported by14 Import Documentary C o l l e c t i o n U n i t s, including 2 branches with dedicated counters for opening Letters of Credit, accessibility and convenience are one of the strong suits of Sampath Bank. Enhancing this further, Bank recently opened a Trade Unit at the Colombo Super Branch, giving customers the flexibility to handle their trade transactions until 10.00pm, 365 days. Also the bank is looking to open 2 regional centres in Matara and Kurunegala.

The Bank’s import and export related processes are automated with the assurance of same day processing. Traders can also rely on the Bank for competitive pricing and the best exchange rates in the market. Moreover, Sampath Bank has over 500 correspondent banks around the world.

The Bank also has a dedicated ‘ Export House’ that focuses on exporters in the SME sector. Apart from assisting branches in structuring credit facilities to exporters, the unit brings value addition in terms of supporting exporters to find markets, develop products and identify resources for other logistical requirements.

In house job related training and fortnightly knowledge sharing sessions are a norm at Sampath Bank. This combined with professionalism as well as innovation has helped the Bank progress rapidly.