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.
Experts explore what sets Sri Lanka apart as a tourist destination
Conservation Tourism Webinar
The Conservation Tourism webinar series organised by Sri Lanka Tourism Alliance was held last month, to explore the topic of ‘Wildlife and Nature Conservation, as it applies to the Future Sustainability of Sri Lanka’s Tourism Industry’.
The webinar attracted a record number of virtual attendees and featured an eminent panel of speakers. The session was introduced by Co-Chair of the Sri Lanka Tourism Alliance, Malik J Fernando, and moderated by Niranga Gunaratna, Director of Communications at Shangri-La Colombo & Shangri-La Hambantota.
The speakers touched on important elements such as what sets Sri Lanka apart as a tourist destination and the economic value of Sri Lanka’s nature and wildlife to the visitor economy. It was clearly established that our biodiversity was the main attraction for tourists. The webinar went on to discuss major challenges faced by Sri Lanka’s nature and wildlife and the consequences to local tourism. The speakers expounded how the tourism industry could bring about conservation outcomes, that would also be beneficial to their own bottom line.
Srilal Miththapala, Past President of The Hotels Association of Sri Lanka (THASL) emphasized that wildlife is a critical component of Sri Lanka’s tourism industry and that in 2018, out of the 2.2 million tourists who visited Sri Lanka, 50% had visited Sri Lanka’s wildlife parks. He also spoke of how he tried to “awaken” people to the value of Sri Lanka’s wildlife by assigning economic value to this natural resource, especially for wild elephants. Sadly, Sri Lanka whilst being one of the best countries to see them in the wild, is also the country with the worst human-elephant conflict (HEC) in the world. On average over 300 elephants are killed in Sri Lanka annually due to HEC.
Toby Sinclair, Director of &Beyond Asia has over 40 years’ experience in Sri Lanka and with his international lens on tourism, he stated how a couple of decades ago Sri Lanka was certainly the best place to see leopards and elephants in the wild but because the country has chosen “quantity over quality”, the quality of those experiences has declined over time. “Driving in Yala has become like driving down Galle Road at 5 o’clock in the evening,” he said. Mismanagement of our wildlife resources, lack of training for wildlife park guides and jeep drivers and not improving the standard of the visitor experience are keeping Sri Lanka from becoming a successful wildlife tourism destination. “The potential of Sri Lanka is enormous. I am optimistic but I am very concerned that we are going to kill the golden-goose”.
Dr Sumith Pilapitiya, Former Director General of Sri Lanka’s Department of Wildlife Conservation (DWC) highlighted that “Sri Lanka has the ‘potential’ to be the best wildlife tourism destination outside Africa”, however despite being blessed with every natural resource, it is unlikely that we will reach that potential, as the country lacks strategic direction. Rather we are destroying that potential by destroying our nature and wildlife. He went on to say that the private tourism sector should be doing much more, to work with the government in order to strategically develop the sector by protecting its natural resources, rather than sit complacent while they focus on reaping the benefits of Sri Lanka’s unique biodiversity today. “If Sri Lanka is to reach its potential as the best wildlife tourism destination outside of Africa, the private tourism sector has to play a significant role to make that happen”.
Prime Group offers ‘ultimate’ real estate investment plan
In a concerted effort to open up its exceptional and diverse housing portfolio to a larger portion of Sri Lankans, the country’s largest property development conglomerate, Prime Group recently introduced a revolutionary payment plan, currently unmatched by any other in the industry. The highly-attractive, industry-first offering assures peace of mind for customers by delivering financial flexibility and empowering them to own their dream home at their convenience.The incomparable scheme opens doors for customers to pay as little as 20% of the housing unit’s total value as a down payment, 25% paid in easy instalments over 30 months and the balance 55% when their new home is handed over to them. All Investors can also enjoy guaranteed capital gain and effective ROI of over 75% during 2.5 years for their initial investment. Further, it allows customers to access non-accessible investments and take advantage of a pre-approved mortgage within 30 months. The easy to grasp scheme was carefully curated by Prime Group with over 26 years of enriched experience in the property sector to enable a larger proportion of financially diverse customers to make a smart, well informed decision with utter convenience to make their dream home a reality. The company’s new offering is first introduced to families and individuals looking to put down roots in the scenic, lush green environs present at 88 Residence Piliyandala, Kahathuduwa, which is now open for reservations.”Prime Group has always been deeply committed to delivering projects that meet the needs of the market and flexible financing is one way we achieve this. Therefore, we are thrilled to launch this exceptional ‘Ultimate Real Estate Investment Plan’ for the first time in Sri Lanka. The bedrock of offering is to enable Sri Lankans to materialise their dream home, without worrying about paying the current required down payment of over 30% upfront, which is a welcome respite during these tough economic conditions,” said Prime Group Chairman Premalal Brahmanage”It should also be mentioned that the salary levels of many Sri Lankans do not often allow them to pay off the rest of the 60% within just 2.5 years. We wanted to address this concern, by enabling our customers to pay off just 25% of the value of the property within 2.5 years to making these homes more affordable. This means only 45% of the total value has to be paid at the hand over point. For the balance of 55%, customers are able to pay utilising a bank loan which can also be arranged by Prime Group. Most importantly, customers can always purchase these homes as an investment and sell it after 2.5 years with a minimum effective return on investment of 75%. Therefore, we are confident that this unique scheme will open our high quality portfolio of wholesome living spaces open to a broader community of customers, along with the opportunity to proactively manage their finances, in a long-term affordable way.”The 88 Residence Kahathuduwa is a tranquil, luxury living community overlooking an evergreen paddy field in Piliyandala, 500m away from the proposed Ruwanpura Highway, and 2 km from the Kahathuduwa highway entrance as well as 900m to the 120 bus route. The complex hosts a collection of four diverse types of 88 spacious, two- to three-bedroom, one- to two-storey homes prices starting from Rs. 14.5 million, this luxury complex is slated for completion in early 2024. “As the premier real estate developer in the country, it is vital that we play our part in making sure we do all we can to support our customers at a time when there is an increase in demand for affordable housing in prime locations across the island.
Clogard Tab Wasana to facilitate online learning
Clogard Natural Salt Tab Wasana – a consumer promotion by the leading oral care brand Clogard will roll out from 1st September to 30th November 2021. Through this promotion, the participants will stand a chance to win brand new tabs to make their online learning a reality.
Since the Covid-19 outbreak, online learning has been the most feasible and practical mode of education for students. As the online learning trend continues, the lack of resources such as computers and tabs has become a major barrier for students to continue online learning from their homes.
The consumers who buy the new Clogard Natural Salt 120g (Tab Wasana promo pack) toothpaste pack can stand a chance to win a brand new tab. This pack is available islandwide. Each Clogard Natural Salt 120g (Tab Wasana promo pack) pack carries a six-digit code printed inside. Clogard requests the consumers to send the secret code along with their or their guardian’s NIC number to 8866 via SMS (Type TAB<space>XXXXXX<space>NIC Number). The winners will be selected from 1st October till 30th November.
Commenting on the new promotion, Ramila Fernando, Senior Brand Manager of Clogard said, ” The Tab Wasana campaign will not only help in the immediate education needs of these children but will also help them gain the necessary exposure to technology and knowledge that they need to have in an increasingly digital world.”
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