Siyapatha Finance PLC has recently broadened its national presence with the launch of its 64th branch in Bandarawela. This new establishment is strategically situated in the picturesque hill town within the Badulla District, providing enhanced access to personalized financial services for the local community.
The inauguration ceremony was led by Mr. Mathisha Hewavitharana, the Chief Executive Officer of Siyapatha Finance PLC, alongside Chief Operating Officer Mr. Rajeev De Silva. The event was also graced by Ms. D.M. Dewmi Tharindi, a young athlete from Bandarawela Dharmapala Vidyalaya who recently triumphed in the Under-18 Girls’ 3,000m race at the Junior National Athletics Championship, as well as senior management, staff members, and local officials including Traffic OIC Mr. Kandasami, Grama Niladhari Mr. H.M.C Heart, and Trade Association Secretary Mr. Sunanda Rathnayaka, along with representatives from government and private banking sectors and other well-wishers.
During the ceremony, Mr. Hewavitharana expressed his enthusiasm, stating, “We are truly privileged to serve the people of Bandarawela. The opening of this branch marks a significant milestone in our 2026 expansion plan and underscores our dedication to enhancing our footprint in Sri Lanka. This area holds considerable potential for economic growth, particularly through the traditional agricultural practices that thrive here. We are eager to connect with diverse communities in the years ahead.”
The Bandarawela branch will provide a wide array of financial products, including leasing options, fixed deposits, gold financing, business and personal loans, a fast draft service, and factoring through Smart Pay, the company’s bill payment platform. With a keen awareness of the region’s socio-economic landscape, the skilled team at this new branch is committed to delivering adaptable financial solutions to both individuals and small to medium-sized enterprises (SMEs).
Siyapatha Finance PLC, the largest wholly-owned subsidiary of the Sampath Bank Group, operates a network of 64 branches across the island, ensuring high-quality service delivery to its clientele. The company has received a National Long-Term Rating of ‘A(lka)’ with a Stable Outlook from Fitch Ratings, indicating a robust financial position and a promising growth path. Over its 21 years of operation, Siyapatha Finance PLC has played a vital role in supporting the development of small and medium-sized businesses as well as addressing individual financial needs throughout Sri Lanka.
Source: Financial Chronicle Biz English | Sri Lanka Business News.
