Sampath Bank PLC 2019 AR2
The report highlights Sampath Bank's financial performance and sustainability initiatives for the fiscal year 2019. Despite a challenging macroeconomic environment in Sri Lanka, the bank recorded a profit after tax of Rs 11.2 billion and expanded its total asset base to Rs 962.4 billion. Key achievements include the launch of the WePay mobile wallet, the expansion of the 'MY BANK' agent banking network to 170 agents, and the declaration of the annual report as a Carbon Neutral Product for the fifth consecutive year. Additionally, the bank successfully raised Rs 12.1 billion in Tier I capital through a Rights Issue and Rs 7 billion in Tier II capital to strengthen its capital adequacy under Basel III standards.
Company: Sampath Bank PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2019
Type: AR2
Pages: 390
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Sampath Bank PLC
Annual Report
The report highlights Sampath Bank's financial performance and sustainability initiatives for the fiscal year 2019. Despite a challenging macroeconomic environment in Sri Lanka, the bank recorded a profit after tax of Rs 11.2 billion and expanded its total asset base to Rs 962.4 billion. Key achievements include the launch of the WePay mobile wallet, the expansion of the 'MY BANK' agent banking network to 170 agents, and the declaration of the annual report as a Carbon Neutral Product for the fifth consecutive year. Additionally, the bank successfully raised Rs 12.1 billion in Tier I capital through a Rights Issue and Rs 7 billion in Tier II capital to strengthen its capital adequacy under Basel III standards.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Workplace Fatalities
Employees