Aravinda Perera on Sri Lanka | Sampath Bank | Video

World Finance interviews Aravinda Perera, Managing Director of Sampath Bank, on his plans for an insurance subsidiary to bolster impressive growth

June 29, 2012
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Transcript

Sampath Bank is a perfect case study of the economic boom sweeping Sri Lanka since the end of the civil war. The bank’s profits reached LKR 3.8bn in 2011, up from LKR 1bn just five years previously, after a successful programme of rapid branch expansion and aggressive deposit-taking and lending. Aravinda Perera discusses the reasons behind the post-war boom, the positive impact of Sri Lanka’s recent financial regulations, and plans to further diversify Sampath Bank Group’s interests.