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CSE approves Sampath Bank’s Rs6bn Basel III compliant debt issue

2017-12-11 lankabusinessonline
Dec 11, 2017 (LBO) – Colombo Stock Exchange has approved in principle an application for listing the Basel III compliant debt securities of Sampath Bank.

Sampath Bank unveils drive-through ATM at Colombo Super Branch

2017-11-08 lankabusinessonline
In line with its commitment to providing the highest levels of service to its customers, Sampath Bank commissioned a drive-through automated teller machine (ATM) at its Colombo Super Branch premises located at 103, Dharmapala Mawatha, Colombo 07. The ATM was ceremonially unveiled by Mr. Nanda Fernando, Managing Director, Sampath Bank PLC, in the presence of members of the Bank’s Corporate Management, on 7th November. (45-0)

Sampath Bank introduces first Banking Robot in Sri Lanka

2017-10-25 lankabusinessonline
Nanda Fernando, Managing Director, Sampath Bank, performing the first transaction on the humanoid teller banking robot at the Sampath Bank Headquarters Branch in the presence of the members of the Bank’s Corporate Management

US investor community hears strong case for Sri Lanka in New York

2017-10-18 lankabusinessonline
The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with CSE Member Firms, Listed Companies and supported by Asia Securities (Event Sponsor) and the Oxford Business Group (Exclusive Publication Partner) drew a strong interest among the investor community in New York. A Sri Lankan delegation including senior representatives of the CSE, SEC, Stock Broker Firms and Listed Companies attended the Forum to make a collective case on the Sri Lankan capital market as an investment destination.

Fitch rates first Sri Lanka Basel III sub debt; Sampath final A(lka)

2017-10-16 lankabusinessonline
Oct 16, 2017 (LBO) – Fitch Ratings has assigned Sampath Bank’s proposed Basel III-compliant subordinated debentures a National Long-Term Rating of ‘A(lka)’.

Shareholders approve Sampath Bank’s Basel III compliant debt issue

2017-10-06 lankabusinessonline
Oct 06, 2017 (LBO) – Shareholders of Sri Lanka’s Sampath Bank have approved the proposed Basel III compliant debenture issue at the Extra Ordinary General Meeting held today. (15-0)

Sampath Bank funds mega hotel development project in Myanmar

2017-10-06 lankabusinessonline
Sampath Bank PLC, a pioneer in introducing revolutionary financial solutions with a strong footing in the Sri Lankan market, announced that it had successfully concluded a loan transaction with Yangon based hotel developer Family Business Group Hotel Limited (FBGHL), Myanmar.

Fitch rates Sampath Bank’s Basel III compliant sub debt A(lka)(EXP)

2017-09-19 lankabusinessonline
Sep 19, 2017 (LBO) – Fitch Ratings has assigned Sri Lanka Sampath Bank’s proposed Basel III compliant subordinated debentures an expected National Long-Term Rating of ‘A(lka)(EXP)’.

CSE and SEC to host next Invest Sri Lanka Forum in New York

2017-09-13 lankabusinessonline
(PRESS RELEASE) – The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC)in association with CSE Member Firms and leading Listed Companies will be held on16th October 2017 at the SofitelNew York. The Forum is organized with the objective of promoting investment in the Sri Lankan capital market among US based institutional investors and a strong interest among the investor community in the US is expected.

CSE and SEC to host next Invest Sri Lanka Forum in New York

2017-09-13 lankabusinessonline
The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with CSE Member Firms and leading Listed Companies will be held on 16th October 2017 at the Sofitel New York. The Forum is organized with the objective of promoting investment in the Sri Lankan capital market among US based institutional investors and a strong interest among the investor community in the US is expected.

Sri Lanka’s Sampath Bank surpasses Rs.5Bln in post-tax profit

2017-08-07 lankabusinessonline
(PRESS RELEASE) -Sampath Bank further extended its growth momentum in the 2nd quarter of the year and recorded a post-tax profit of Rs 5.7 Bn for the six months ended 30th June 2017.

Sampath Bank to raise Tier 1 capital with Rs7.6bn rights issue

2017-07-28 lankabusinessonline
July 28, 2017 (LBO) – Sri Lanka’s Sampath Bank is to raise 7.6 billion rupees by way of a rights issue, the company said in a stock exchange filing.

Commercial Bank, Sampath Bank offer real-time Customs payments

2017-07-25 lankabusinessonline
July 25, 2017 (LBO) – Commercial Bank of Ceylon PLC and Sampath Bank PLC together have announced the introduction of real-time, online payments to Sri Lanka Customs through their respective online banking platforms.

10 Sri Lankan Finance Companies ratings affirmed : Fitch

2017-07-24 lankabusinessonline
July 24, 2017 (LBO) –  Fitch Ratings, a credit ratings agency, has affirmed the long-term issuer default ratings (IDRs) of ten local finance companies, a statement said.

Commercial Bank, Sampath Bank pioneer real-time online customs payments

2017-07-24 lankabusinessonline
Commercial Bank of Ceylon PLC and Sampath Bank PLC together announced the introduction of real-time, online payments to Sri Lanka Customs through their respective online banking platforms. Having received all necessary regulatory approvals, the two leading private banks are the first to go live with this service.