Siyapatha Finance PLC, a prominent leader in Sri Lanka’s non-banking financial sector and a fully owned subsidiary of Sampath Bank, recently announced the opening of its 55th branch, strategically located at No. 29, Galle Road, Ambalangoda, marking a significant milestone in the company’s commitment to bringing accessible, customer-centric financial solutions to more communities across the island.
The ceremonial opening was graced by Mr. Ananda Seneviratne, Managing Director of Siyapatha Finance PLC, along with Directors Mr Jayanath Gunawardena and Ms.Sriyani Ranathunga, Mr. Rajeev De Silva, Chief Operating Officer, members of the Senior Management, local government representatives including the Divisional Secretary of Ambalangoda Ms Hasanthi Niroshani,Chief Inspector of Police Ambalangoda Mr.Ranaweera , Grama Niladhari Mr.Hansa Kumara de Silva, President of the Trade Association Mr.Sarath De Silva and officials from both public and private banking, insurance, and financial sectors.
Situated along Sri Lanka’s southern coastline, Ambalangoda is a vibrant town in the Galle District, renowned for its cultural richness, mask-making traditions, and growing tourism and fishing industries. With a population of over 61,000 and a workforce where 65.7% fall within the economically active 15-64 age group, the town represents a high-potential market for financial services.
“Ambalangoda’s diverse economy presents tremendous opportunities for growth,” said Mr. Ananda Seneviratne, Managing Director of Siyapatha Finance PLC. “With the launch of our Ambalangoda branch, we aim to bridge the financial accessibility gap in this region and provide tailored, flexible solutions to support individuals and businesses alike.”
Siyapatha Finance’s new Ambalangoda branch will offer a comprehensive range of financial products and services tailored to meet diverse customer needs. These include leasing solutions, fixed deposits, gold financing and business and personal loans. The branch will also provide Fast Draft and factoring services, along with Smart Pay – bill payment facility designed to enhance convenience and efficiency for clients.
With a dominant 43.3% contribution from the service sector, supported by agriculture and industrial sectors, the town’s economic structure demands accessible, innovative financing options. Siyapatha Finance is uniquely positioned to support local development through services such as SME loans, leasing facilities for fishing equipment, personal and business loans, and green financing for sustainable tourism and agriculture. With this expansion, Siyapatha Finance addresses a 32-kilometre geographical gap in its network, reinforcing its islandwide presence and commitment to customer convenience.
In conjunction with the branch opening, Siyapatha Finance launched a community engagement initiative under “Siyapathen Mihikathata,” the Corporate Social Responsibility programme. The initiative featured a tree planting campaign in Ambalangoda to promote environmental conservation, along with the donation of computers and accessories to Siri Abayathissa Vidyalaya, Seenigama , Ambalangoda . This effort aims to enhance literacy skills and improve access to education for underprivileged students in the area. These activities reflect Siyapatha Finance’s broader commitment to uplifting the living standards of communities it serves and supporting sustainable development goals.
