Sampath Bank ranked amongst Top 1000 World Banks 2020
Continuing to earn awards and recognition in Sri Lanka and around the world, Sampath Bank PLC was recently rated amongst the Top 1000 World Banks 2020, by the UK’S Banker magazine, on the 50th anniversary of the rankings.
The Banker is the world’s premier banking and finance resource, providing global financial intelligence since 1926. The Banker is the key source of data and analysis for the industry.
The Banker’s Top 1000 World Banks ranking has been setting the industry benchmark since 1970, providing comprehensive intelligence about the health and wealth of the banking sector.
“It is an honour to be ranked alongside the world’s leading financial service providers in the Banker magazine’s Top 1000 World Banks 2020,” said Sampath Bank PLC Managing Director Nanda Fernando.
“Coming at a time when we were faced with challenging market conditions for over a year, this is a reflection of our strong fundamentals. This wouldn’t have been possible without the guidance of our board of directors, the support of my entire team at Sampath Bank and the love and trust placed in us by countless Sri Lankans. We will continue to strive to deliver greater value to the nation.”
Earlier this year, Sampath Bank’s asset base surpassed Rs.1 trillion, making it the youngest bank in Sri Lanka and one of very few in the country’s banking sector to achieve this. The bank managed to grow its asset base despite the volatile market conditions during the last one and a half years. This is a true testament to the strength and stability of Sampath Bank and the confidence placed in it by investors and customers alike.