Siyapatha Finance Warakapola branch marks a strategic milestone as the company expands its islandwide footprint with the opening of its 60th location. The new branch enhances access to reliable financial solutions while reinforcing community-focused growth in the Kegalle District.
Siyapatha Finance Warakapola branch strengthens access to trusted financial services
The opening of the Siyapatha Finance Warakapola branch represents a meaningful step in the company’s long-term expansion strategy, aligning financial inclusion with regional development. Located along the Colombo–Kandy A1 highway, the new branch strengthens Siyapatha Finance PLC’s presence in a fast-evolving commercial corridor while improving customer access to a comprehensive range of financial services.
The branch opening ceremony was attended by Siyapatha Finance PLC Managing Director Mr. Ananda Seneviratne, Chief Executive Officer (Designate) Mr. Mathisha Hewavitharana, and members of the senior management team. The event was also graced by Warakapola Divisional Secretary Mr. Rangana Sanjeewa, Grama Niladhari Mrs. A. V. K. Harischandra, along with representatives from government institutions, private banks, insurance companies, and other well-wishers, underscoring the significance of the occasion to the wider community.
Warakapola’s strategic importance has steadily increased in recent years. Situated in the heart of the Kegalle District, the town functions as a vital transit hub between Colombo and Kandy. Beyond its logistical advantages, the area is renowned for its scenic surroundings, cool climate, and proximity to natural attractions such as Algama Ella, Dunumala Ella, and Theli Ella. These features contribute to Warakapola’s growing appeal as both a commercial centre and a desirable residential location.
Deeply rooted in history shaped by the era of the Kingdom of Kandy, Warakapola reflects a blend of heritage, multiculturalism, and modern urban development. This convergence of tradition and progress has fostered a resilient local economy, driven primarily by services and trade, with agriculture continuing to play a supporting role through coconut, rubber, tea plantations, and paddy cultivation. The town’s busy markets and active streets reflect steady economic momentum and rising consumer demand.
Speaking at the ceremony, Managing Director Mr. Ananda Seneviratne emphasised the rationale behind selecting Warakapola as the company’s 60th branch location. He noted that the region embodies strong growth potential, supported by developing infrastructure, cultural richness, and increasing economic activity. He reaffirmed Siyapatha Finance PLC’s commitment to delivering trusted financial solutions while supporting the aspirations of individuals, entrepreneurs, and small businesses in the area.
The Warakapola branch offers Siyapatha Finance’s full product portfolio, designed to address diverse customer needs. These services include leasing facilities, fixed deposits, gold-backed financing, business loans, personal loans, fast draft services, factoring solutions, and the company’s bill payment facility, Smart Pay. This broad offering is intended to empower small and medium-scale enterprises, support self-employed individuals, and assist young professionals pursuing growth opportunities.
Recognising prevailing national circumstances, the company adopted a socially responsible approach to the branch opening. In light of the widespread impact of the Ditwa cyclone and the hardships faced by affected communities, Siyapatha Finance PLC conducted the ceremony in a low-key manner. Funds initially allocated for celebratory arrangements were redirected towards providing dry rations and essential food items to families impacted by floods within the Warakapola Divisional Secretariat Division. The donation was formally handed over to Divisional Secretary Mr. Rangana Sanjeewa by the Managing Director and senior management team for distribution among affected residents.
This initiative reflects Siyapatha Finance PLC’s broader philosophy of responsible corporate citizenship, reinforcing its role not only as a financial services provider but also as a partner in community resilience and recovery. Such actions strengthen trust and deepen relationships with the communities the company serves.
As the largest fully owned subsidiary of the Sampath Bank Group, Siyapatha Finance PLC continues to benefit from strong institutional backing and sound governance. The company maintains an islandwide branch network and is focused on delivering consistent service standards across all locations. Its National Long-Term Rating of ‘A(lka)’ with a Stable Outlook from Fitch Ratings reflects solid financial fundamentals and a positive growth trajectory.
Over the past two decades, Siyapatha Finance PLC has played a significant role in supporting small and medium-scale entrepreneurs while addressing the evolving financial needs of individuals across Sri Lanka. The opening of the Warakapola branch reinforces this mission, positioning the company to contribute meaningfully to local economic development while expanding its national reach.