Sampath Bank just introduced ‘Cycle to Work,’ a program promoting an eco-friendly, healthy and economical mode of transportation for all employees. The Cycle to Work initiative was launched with a ceremonial event at Diyatha Uyana on Thursday, June 16. The enthusiastic participation of nearly 100 cyclists signaled an auspicious beginning to this program.
Sampath Bank employees–not just in Colombo, but at all 229 branches islandwide–are being encouraged and incentivized to adopt this alternative mode of transportation and ride to work. Riders who join will receive a complimentary cycling kit and will be provided with special training for safer riding on city streets. Safe parking spaces in security-patrolled areas are being provided, as are facilities for showering and changing. Bank employees who would like to invest in a bicycle can purchase one through a six-month 0% installment plan for those holding a Sampath Mastercard, Visa or American Express credit card. As an added incentive, the Bank has authorized flexible working hours for all cyclists to avoid riding during peak traffic times.
“This is another example of a simple intervention that has the potential to pay huge environmental dividends, and is part of the Bank’s ongoing commitment to reduce its carbon footprint. It’s the first of many such initiatives the Bank has planned,” said Nanda Fernando – Managing Director, Sampath Bank PLC. “The more people who ride bicycles to work, the fewer cars, trucks, buses and three-wheelers there will be to clog traffic. And fewer vehicles mean safer roads for all. We all need to rethink our approach to our daily commute. The Sampath Bank Cycle to Work program grew out of that realization.”
“Our employees might even find themselves getting to work sooner. It’s easier to get from one place to another on a bicycle, and it’s arguably a far better use of your time than sitting helplessly in traffic jams,” pointed out Lalith Weragoda – Group Chief Human Resource Officer, Sampath Bank PLC. “And besides all the social and economic benefits of cycling to work, let’s not forget the enormous health advantages. Cycling is the ultimate aerobic exercise, causing less strain than most other forms of working out. By using all of your major muscle groups as you pedal, cycling increases your strength and stamina, and greatly improves your cardiovascular fitness. In addition to all that, you will arrive at work feeling invigorated after a pleasant workout. Because cycling is a fun way to stay in shape. The bottom line is that whatever else happens, thanks to our cycling club, Sampath Bank is going to have a fitter, healthier workforce going forward.”
Despite the obstacles currently faced by the banking sector in Sri Lanka, Sampath Bank has successfully maintained all its capital ratios well above regulatory requirements throughout Q1 2022. All the while, Sampath Bank has implemented all government-led moratorium schemes for eligible customer segments affected by the pandemic. The Bank’s digitalization strategy has also continued to prove its worth during these trying times by securing a more accessible and safer banking experience for customers.
Sampath Bank is a 100% local bank that has deeply rooted itself in the lives of the people of Sri Lanka. Established in 1987, the bank has become a state-of-the-art financial institution that continues to be a market leader today thanks to its constant innovation and customer focused approach to business. It has introduced many firsts to the Sri Lankan banking sector including introducing ATMs to Sri Lanka, extended banking hours, slip-less banking and adaptation of block-chain technology to name a few. As part of its visionary 2022 approach, the bank is steadily transforming itself into a ‘tech company engaged in banking,’ from the traditional approach of a bank adopting technology.