Business02 June 2026

Sampath Bank secures approval for Port City Colombo branch

Sampath Bank PLC has received approval from the Governing Board of the Central Bank of Sri Lanka to establish a dedicated branch within Port City Colombo, marking a significant step in the country’s ambition to become a globally connected financial and investment hub.


This milestone represents a key development in the Bank’s expansion strategy and the broader transformation of Sri Lanka’s financial ecosystem. It also marks Sampath Bank’s second strategic presence in Port City Colombo, following its initial footprint in 2025 with a Cash Recycler Machine (CRM) at Port City Duty Free.


The expansion was formalised through an agreement signed by Sampath Bank Chief Operating Officer Deepal De Silva and CHEC Port City Colombo (Pvt) Ltd Managing Director Xiong Hongfeng.


The new branch, to be located at Building 1 of the Business Centre in the Port City Colombo Commercial Hub, is expected to serve as a key financial access point for businesses, individuals, and investors operating in Sri Lanka and internationally.


As an Authorised Persons Licensed Institution under the Colombo Port City Economic Commission, Sampath Bank will offer a range of banking and financial solutions tailored to both residents and non-residents within the Port City jurisdiction and beyond.


Sampath Bank Managing Director and Chief Executive Officer Sanjaya Gunawardana said Port City Colombo presents a transformative opportunity for Sri Lanka to strengthen its position as an internationally connected financial and investment destination.


He added that the Bank’s presence reflects confidence in the country’s economic future and its commitment to supporting trade, investment, and enterprise.


CHEC Port City Colombo Managing Director Xiong Hongfeng said the initiative aligns with efforts to develop Port City Colombo into a practical and fully supported business environment ready for day-to-day operations.


The establishment of the branch underscores Sampath Bank’s commitment to facilitating international commerce and attracting foreign direct investment into Sri Lanka.


Picture: CHEC Port City Colombo Managing Director Xiong Hongfeng and Sampath Bank Chief Operating Officer Deepal De Silva at the agreement signing ceremony.


 

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