Srilanka, Aug. 13 -- Financial Performance
Sampath Bank delivered a strong financial performance for the six months ended 30th June 2026, reporting Total Operating Income of Rs 63.3 Bn, an increase of 17% compared to the corresponding period last year. The Bank's performance was driven by sustained growth across its core revenue streams, with Net Interest Income increasing by 11% and Net Fee and Commission Income rising by as much as 26%.
The Bank's earnings performance was, however, moderated by a higher impairment charge of Rs 5.0 Bn - a year-on-year increase of a very significant 324% - driven primarily by collective impairment attributable to the continued expansion of the loan portfolio as well as the Bank's prudent provisioning st...