Sampath Bank has introduced the new Mastercard Business Credit Card, developed in partnership with Mastercard, as part of its efforts to strengthen financial solutions for Small and Medium Enterprises (SMEs) in Sri Lanka.
The new card is designed to improve cash flow management, enhance financial flexibility, and support day-to-day business operations for SMEs. It offers tailored features such as flexible repayment options through instalment plans, customisable credit limits based on business performance, and reward points on business-related spending.
Cardholders will also benefit from local and international merchant offers, enhanced security features, and access to online platforms for payment monitoring and settlement, helping businesses maintain better financial transparency and control.
Additional benefits include LoungeKey airport lounge access, extended settlement options, cash advance facilities of up to 50% of the credit limit, and reward points on every transaction.
Alongside the SME-focused product, Sampath Bank has also launched a Mastercard Purchasing Card aimed at corporate clients. This solution is designed to streamline procurement and expense management through enhanced transaction controls, merchant category restrictions, and consolidated reporting systems.
The corporate card offering is further supported by digital tools such as automated payments, SMS alerts, e-statements, and integration with the Sampath Vishwa Corporate portal, enabling businesses to manage limits, track expenses, and access financial reports through a secure centralised platform.
Speaking on the launch, Sampath Bank Chief Business Intelligence Officer Darshin Pathinayake highlighted that the initiative reflects the bank’s commitment to providing SMEs with practical and intelligent financial tools to support growth, improve liquidity management, and strengthen operational efficiency in a rapidly evolving business environment.
Janashakthi Life records 42% GWP growth to LKR 2.6Bn with strong market capitalisation surge
Janashakthi Life has begun the 2026 financial year on a strong note, reporting robust growth across key financial and operational indicators for the quarter ended, driven by rising demand, improved distribution strength, and continued investor confidence.
The company recorded Gross Written Premiums (GWP) of LKR 2.6 billion, marking a 42% year-on-year increase. This growth reflects stronger market traction and sustained confidence in the company’s insurance offerings.
At the same time, market capitalisation rose significantly from LKR 17 billion to LKR 29 billion, supported by a notable increase in share price from LKR 73.6 to LKR 127.7, underscoring improved investor sentiment and value creation for shareholders.
The company’s total assets also strengthened, reaching LKR 41 billion, indicating a solid balance sheet position and enhanced capacity for long-term growth.
New business growth increased by 25% year-on-year, supported by improved customer engagement and a more efficient distribution network. Claims and benefits paid rose to LKR 985.8 million, a 26% increase compared to the same period last year, reflecting continued fulfilment of policyholder obligations alongside disciplined actuarial management.
Chairperson Annika Senanayake noted that the results reflect a structured and disciplined approach to business expansion, supported by strong governance and a consistent focus on delivering value while maintaining financial stability.
CEO Ravi Liyanage highlighted stronger execution, improved distribution productivity, and a sustained focus on profitability through prudent risk selection and operational efficiency. He also pointed to a significant rise in investor confidence, reflected in the 70% increase in market capitalisation.
Overall, the results reinforce Janashakthi Life’s growth momentum, underpinned by sustainable expansion, financial discipline, and continued strengthening of its position in Sri Lanka’s insurance sector.
Sampath Bank launches Mastercard Business Credit Card to support SME growth
