Sampath Bank PLC is the third largest private bank in Sri Lanka in terms of total assets and is a licensed commercial bank under the Banking Act No.30 of 1988. The bank provides various banking products and services, such as personal banking, trade financing, off-shore banking, resident and non-resident foreign currency operations, corporate and retail credit, travel related services, import and export financing, project financing, lease financing, pawning, issuing of local and international debit and credit cards, chip cards, telebanking facilities, Internet banking, and dealing in government securities.
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No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters