Tuesday, April 22, 2025

Siyapatha Finance opens branch in Deniyaya

Expands nationwide reach:

by malinga
December 15, 2024 1:03 am 0 comment 101 views

Siyapatha Finance PLC, a fully owned subsidiary of Sampath Bank PLC, opened its 52nd branch on Pallegama Road, Main Street, Deniyaya recently.

With this latest branch, Siyapatha Finance continued its commitment to delivering best-in-class financial solutions to communities across the island.

The official opening ceremony was graced by Siyapatha Finance PLC’s Managing Director, Ananda Seneviratne, Chief Operating Officer, Rajeev De Silva, and other senior officials, alongside key representatives from local government , private sector institutions,financial institutions and insurance companies in the area.

The new Deniyaya branch offers a comprehensive suite of financial services, including leasing, fixed deposits, savings accounts, gold financing, business loans, personal loans, fast draft services, factoring, and Siyapatha Finance’s innovative Smart Pay automated bill payment facility.

These services are designed to meet the diverse financial needs of Deniyaya’s unique demographic, supporting both individual and business aspirations in the region.

Located in the Matara District, Deniyaya is an economically robust town with a strong agricultural backbone, primarily based on tea cultivation. With 46% of the local working population engaged in agriculture and 29% employed in the private sector, the town is home to numerous small tea holders and farmers involved in diverse crop cultivation, including vegetables, paddy, pepper, cinnamon, and rubber.

The surrounding Sinharaja Rainforest — a UNESCO World Heritage site — also attracts Eco-tourists, providing an additional income stream to the community.

“Siyapatha Finance’s venture into Deniyaya reflects our commitment to empowering local economies and supporting the growth of local small and medium enterprises,” said Ananda Seneviratne, Managing Director of Siyapatha Finance PLC. “By providing tailored financial solutions, we aim to uplift the local community and contribute to the economic prosperity of Deniyaya’s agricultural and tourism sectors.”

In conjunction with the new branch opening, Siyapatha Finance launched its Siyapathen Mihikathata, a Corporate Social Responsibility (CSR) initiative in Deniyaya by initiating a tree-planting program and donating computers and accessories to Kiriweldola Kanishta Vidyalaya, Deniyaya.

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