Sampath Bank rises in Business Today Top 30 Rankings advances 2 places to make it to top 5
Sampath Bank was recognised as one of Sri Lanka’s best performing companies at the Business Today Top 30 Awards 2017 – 2018 held at the Shangri- La Hotel, Colombo recently. Moving up two places from last year, the Bank has been ranked fifth in this year’s listings.
Nanda Fernando, Managing Director, Sampath Bank PLC accepted the award on behalf of the Bank from H. E. President Maithripala Sirisena amidst a distinguished audience of leaders from across the public and private sectors.
Currently in their 21st year, the awards rate companies listed on the Colombo Stock Exchange based on their business performance during a given financial year. The listing is compiled with the assistance of KPMG Sri Lanka using publicly available, published information.
“It is our honour to stand tall alongside some of Sri Lanka’s most iconic enterprises in the Business Today TOP 30 rankings for 2017 - 2018. We are especially proud of moving up two places to be ranked fifth this year. This wouldn’t have been possible without the guid- ance and support of our Chairman, Board of Directors and shareholders and the steadfast commitment of the over 4,000 members of Team Sampath. I would like to take this opportunity to thank and congratulate them,” said Nanda Fernando, Managing Director, Sampath Bank PLC.
This year’s ranking is a reflection of Sampath Bank’s outstanding performance during the financial year 2017. The Bank had registered an impressive 32.7% growth in its After- Tax Profits ( PAT), which stood at Rs. 12.1 billion as at 31st December 2017.