Sampath to set up another 70 branches island-wide in two years

Opens premier branch at founder’s residence

By Azhar Razak

Sampath Bank last week opened its 131st branch in Colombo as a premier branch with a view to providing services exclusively for its high-net worth or what it terms as priority banking customers. The branch, which will be known as a ‘platinum plus’ branch, is the first of its kind for the bank and was set up at the bank’s founder’s residence at No. 18, Cambridge Place, Colombo 07 to serve the bank’s 1,000 odd island-wide priority customers.

Picture shows Sampath Bank Chairman, Arthur Senanayake (R), Deputy Chairman Sunil Wijesinghe (C) and Chief Executive Officer, Harris Premaratne declaring open Bank’s latest platinum plus branch at Cambridge Place, Colombo 07

“This is a great occasion and a landmark event for us since we have set this branch up at our founder, N. U. Jayawardhena’s residence. It is also pleasing to note that we have been very aggressive in our expansion drive this year since we have opened a total of 1 9 branches, the highest in our history,” Sampath Bank’s Chief Executive Officer, Harris Premaratne told a media conference last week.
He added that their bank had pioneered information technology use in banking, starting as a fully computerised bank where customers could transact at any branch and was also the first bank to introduce ATM’s and credit cards to the local banking industry.

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