The Mannar branch opening ceremony was graced by Siyapatha Finance PLC Managing Director Mr. Ananda Seneviratne, Chief Executive Officer (Designate) Mr. Mathisha Hewavitharana and senior management, Grama Niladhari Mrs. Mary Antonette, representatives of the government and private banks as well as insurance companies, and well-wishers.
Preserving centuries of rich heritage, unique architecture and picturesque beauty along the northern coastal stretch of Sri Lanka, the Mannar District consists of the mainland and Mannar Island.
A substantial portion of the population categorized under the economically active age group of 15-64 years, Siyapatha Finance identifies a compelling need for flexible and convenient financial solutions that contribute to the region’s sustainable development in the long run.
Mannar town is located within the Mannar Island, a dry, sandy peninsula comprising varying ecosystems, from evergreen forests, palmyrah woodlands, mangroves and coconut cultivation to barren land and lagoons.
Accounting for a significant 53% of the workforce, the agriculture sector plays a dominant role within the region’s economic landscape, where a majority of locals engage in paddy cultivation as their main source of income.
The fisheries industry also holds a key position in the livelihoods of several fishery villages in Mannar.
Speaking at the opening ceremony, Siyapatha Finance PLC Managing Director Mr. Ananda Seneviratne remarked:
“We are excited to open our newest branch in the vibrant Mannar town – a region with ample opportunities and a promising future.
Through our services, we aim to empower local communities and help them transform their lives according to the changing times of the world.
With this in mind, we are committed to continue our journey of reaching every part of the country and working with diverse groups of individuals.”
In recent years, Mannar has displayed vast potential for renewable energy, driven by resources such as wind and solar, presenting new avenues for local economies.
Appealing as a reliable financial advisor to the ambitious individuals as well as small and medium-scale enterprises (SMEs) in the region, the latest branch offers a broad product portfolio ranging from leasing, fixed deposits, gold financing, business loans, personal loans, fast draft, and factoring to Smart Pay, its bill payment facility.
In line with the company’s “Siyapathen Mihikathata” CSR programme, the senior management of Siyapatha Finance PLC carried out a special tree planting initiative at St Lucia Maha Vidyalaya and made contributions in an effort to support the development of digital education of schoolchildren in Mannar.
Siyapatha Finance PLC, the largest fully owned subsidiary of the Sampath Bank Group, boasts an islandwide network of branches, ensuring its customers are provided with the best-in-service delivery standards.
The company has secured a National Long-Term Rating of ‘A(lka)’ with a Stable Outlook by Fitch Ratings, reflecting solid financial standing and promising growth trajectory.
Over the past 20 years, the Siyapatha Finance PLC has contributed to the development of small and medium entrepreneurial efforts as well as the fulfillment of individual financial needs across the island.
To get in touch with the latest branch, call 0237583605 or visit the premises at No. 122, Main Street, Sinna Kaddei, Mannar. For further information on Siyapatha Finance, visit www.siyapatha.lk.