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Sampath Bank tackles relief efforts in Sri Lanka after resilient year

Sri Lanka’s first localised COVID-19 case was detected in March 2020 right around the time the official declaration by the WHO confirmed it as a pandemic. As nations around the world began shutting down en masse in a desperate effort to rein in surging infection rates and control the mounting death toll, the Sri Lankan government also announced an island-wide lockdown that lasted from March until May in a bid to control its first wave.
The timing of the decision however could not have been worse, as it came at a time when the local economy was only just recovering from the spillover effects of the April 2019 Easter Sunday terror attacks that had threatened to unravel the country’s delicate social fabric and derail years of solid economic progress. ....

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Sampath Bank further extends its support to affected borrowers in 2020 - Adaderana Biz English

Sampath Bank further extends its support to affected borrowers in 2020
December, 17, 2020
Announced second debt moratorium for COVID-19 affected borrowers, looking beyond possible impacts to its own bottom line
Offering further assistance to its customers, Sampath Bank PLC extended the debt moratorium to COVID-19 affected businesses and individuals for a second time, from 1
st October 2020. This extension was well appreciated by all its customers, judging from the large volumes of applications received from individuals, proprietors, and businesses. Going beyond a singular focus on its own bottom line, the Bank has always strived to be empathetic to the needs of the people, especially as the pandemic continues to cause economic hardship to the nation today. ....

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Sampath Bank further extended its support to affected borrowers in 2020 - Adaderana Biz English

Sampath Bank further extended its support to affected borrowers in 2020 - Adaderana Biz English
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