Sampath Bank rises to Top 5 in Sri Lanka’s Most Respected Entities listing

Sampath Bank PLC has been ranked 5th in LMD’s Most Respected Entities in Sri Lanka 2021 rankings based on a survey commissioned and conceptualized by LMD and conducted by Nielsen.

The rankings are based on ratings received from a sample of 800 respondents – managers and above – from listed companies on a set of 12 different attributes.

Continuing its steady year-on-year rise in one of the country’s most prestigious corporate leaderboards, the Bank has moved up from 9th place in 2018 to 5th place in 2021, despite challenging market conditions during this period.

Furthermore, Sampath Bank has emerged as the highest rated bank in 9 out of 12 of the attributes surveyed for this year’s rankings, viz., Corporate Culture, Dynamism, Honesty, HR and People Management, Innovation, Management Profile, National Perspective, Quality Consciousness and Vision. The Bank has been ranked ahead of larger, older players in the banking industry in these areas.

These outstanding ratings given to Sampath Bank by representatives of some of the country’s leading enterprises are a testament to the high esteem in which the corporate sector and the nation at large holds the Bank. This is shaped largely by the Bank’s steadfast commitment to delivering greater value to the nation through its focus on innovation and service excellence.

It is worth noting that Sampath Bank has consistently been rated particularly high on Honesty and National Perspective. This reflects the brand’s trustworthiness and its significant contributions to nation building.

“We are honoured to see our peers in corporate Sri Lanka rate us amongst the Top 5 Most Respected Entities in the country. It is our honour to emerge as the highest rated bank in 9 out of 12 attributes being surveyed. Earlier this year, we were ranked as Sri Lanka’s ‘Most Loved Bank Brand.’ We are grateful to our customers, business partners and the nation at large for their love, respect, and trust,” said Nanda Fernando, Managing Director, Sampath Bank PLC. “These rankings are a result of the vision and guidance of our Board of Directors and the commitment and relentless efforts of my team at Sampath Bank. Inspired by these awards and recognition, we look forward to delivering innovative solutions that add value to the nation, as we continue to present the future of all Sri Lankans.”

Continuing to transform the market and deliver greater value to all stakeholders through its novel financial solutions, Sampath Bank has earned the trust and respect of consumers and businesses across the island. This can be seen in its steady rise across the multitude of corporate leaderboards that it is featured on. Most recently, Sampath Bank was recognized as Sri Lanka’s ‘Best Retail Bank’ and ‘Best Commercial Bank’ for the 8th consecutive year at the esteemed World Finance Banking Awards organized by the World Finance magazine based in the UK. The Bank has been rated as Sri Lanka’s Most Loved Bank Brand and ranked amongst the Top 10 ‘Most Valuable Consumer Brands’ in the Country by LMD’s Brands Annual Rankings for four years in a row (2018 to 2021).

Sampath Bank is a 100% local bank that has deeply rooted itself in the hearts of the people of Sri Lanka. Established in 1987, the bank has become a state-of-the-art financial institution that continues to be a market leader today thanks to its constant innovation and customer focused approach to business. It has introduced many firsts to the Sri Lankan banking sector including the introduction of ATMs to Sri Lanka, extended banking hours and slip-less banking to name a few. The Bank continues to steadily transform itself into a technology-driven financial services provider whilst keeping true to our traditions and values.