Sampath Bank PLC
CCSELK:SAMP.N0000138.25
LKR
-0.75
(-0.54%)
ISIN
LK0090N00007
Return %
Stock
S&P 500
1Y
-7.06
14.20
3Y
109.47
81.12
5Y
149.42
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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- CEO
- Sanjaya Gunawardena
- Full Time Employees
- 4,917
- Sector
- Finance
- Industry
- Major banks
- Address
- Colombo Sri Lanka
- IPO Date
- Jun 10, 1987
- Website
- sampath.lk
- Similar Companies
- Business
- Sampath Bank PLC is a Sri Lanka-based commercial banking institution that provides a comprehensive range of personal, corporate, treasury, and trade financing services to individuals, small and medium-sized enterprises (SMEs), and corporate entities. Founded in 1987, the bank is headquartered in Colombo, Sri Lanka, and operates primarily across the domestic market while maintaining international correspondent banking networks and offshore banking units. The bank operates through four principal business segments: Banking Operations, Treasury, Islamic Banking, and Other Business Operations. Its systematic product and service offerings encompass Personal and Retail Banking, comprising savings deposits, current accounts, term deposits, and multi-currency foreign exchange accounts; consumer financing products, such as residential mortgages, personal loans, vehicle leases, education financing, and gold loan facilities; payment card solutions, including credit, debit, and multi-currency travel cards operating on Visa, Mastercard, and UnionPay networks; digital banking channels, featuring the Sampath Vishwa internet banking platform, the Sampath WePay digital wallet application, and an expansive automated teller machine (ATM) and cash recycling machine (CRM) network; Corporate and Commercial Banking, offering term loans, syndicated lending, project financing, working capital lines, cash management solutions, documentary credits, letters of credit, and shipping guarantees; Treasury Operations, which delivers foreign exchange dealing, government securities trading, money market transactions, fixed-income investments, and interest rate hedging instruments; and Sharia-compliant Islamic financial services administered through its dedicated Sampath Bank Saru unit. Through subsidiaries including Siyapatha Finance PLC and Sampath Information Technology Solutions Limited, the bank also provides non-bank financial services, such as equipment leasing, hire purchase, factoring, and enterprise information technology solutions. In recent strategic and operational developments, Sampath Bank has accelerated its digital transformation roadmap by deploying updated corporate and retail iterations of its Sampath Vishwa platform, integrating advanced biometric authentication, and establishing open banking application programming interface (API) capabilities to facilitate fintech collaborations. The bank has actively expanded its sustainable and green financing portfolio, aligning with national and multilateral development initiatives to extend concessional credit lines targeting renewable energy projects, export-oriented manufacturers, and women-led MSMEs. To optimize its capital structure and support balance sheet expansion under Basel III regulatory standards, the bank completed Tier 2 subordinated debenture issuances on the Colombo Stock Exchange. Additionally, the institution has strengthened its global remittance ecosystem through strategic partnerships with international money transfer operators and digital payment aggregators to expand low-cost, real-time inward remittance channels across the Middle East, Europe, and the Asia-Pacific region.