Siyapatha Finance expands footprint with opening of Homagama branch

Siyapatha Finance PLC, a fully-owned subsidiary of Sampath Bank PLC, ceremoniously opened its 53rd branch located at No. 134, Station Road, Homagama, recently. 

The grand opening marked another milestone in the company’s ongoing mission to provide accessible, customer-centric financial solutions across Sri Lanka. The event was attended by Siyapatha Finance Managing Director Ananda Seneviratne, Chief Operating Officer Rajeev De Silva, other senior officials, alongside key representatives from local government, ASP Homagama, Hasanga Randika Wedamulla, Acting OIC Homagama, Priyashantha, President of the Trade Association, Principal of Magammana Maha Vidyalaya, K. Padmalatha, private sector institutions, financial institutions and insurance companies in the area.

The Homagama branch offers a diverse range of financial products, including leasing, fixed deposits, savings accounts, gold financing, business loans, personal loans, fast draft services, factoring and the Smart Pay automated bill payment facility, tailored to meet the needs of both individuals and businesses in the Homagama area, supporting the local community’s financial aspirations.

With a land area of approximately 137 square kilometres and home to the highest population of any Pradeshiya Sabha in Sri Lanka, Homagama is a rapidly growing and economically dynamic region. The area is characterised by a diverse mix of businesses, including textiles, motor vehicles, property development and rental services, small and medium enterprises as well as larger organisations, form the backbone of Homagama’s economy.

“Being part of the Colombo district and conveniently connected by the Southern Expressway, Homagama plays a crucial role in the economic development of the region. Its proximity to Colombo also presents significant opportunities for both established and emerging businesses. Siyapatha Finance’s expansion into this area provides tailored financial solutions that cater to the needs of local entrepreneurs, individuals and families, contributing to the broader economic development of the region,” stated Seneviratne.

“With the opening of this new branch, we hope to enhance the living standards of all stakeholders in the region by providing access to affordable financial services that support the growth of local businesses and individuals. Especially, with around 51 percent of Homagama’s population being female, Siyapatha Finance is set to empower women through customised services, helping improve their quality of life,” he further elaborated.

As part of its commitment to social responsibility, Siyapatha Finance PLC also launched its ‘Siyapathen Mihikathata’ initiative in Homagama. In parallel with the branch opening, the company’s senior management team participated in a tree-planting programme and donated computers and accessories to a local school - Magammana Maha Vidyalaya, Homagama, affirming the organisation’s dedication to educational development and environmental sustainability within the communities it operates in.