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SDB bank’s new paperless customer onboarding process to offer personal finance and entrepreneurial conveniences

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Further advancing their continuous program of digital transformation, SDB bank is set to introduce an all-new paperless onboarding process in mid-February. This follows the bank’s implementation of a lean, e- signature system for customer loan agreements in late-2020.

SDB bank’s paperless customer onboarding effort will replace their current customer onboarding process which is fully paper-based. The use of digital technology in this key process across the bank’s 94 branches islandwide promises a host of new benefits to their extensive personal customer base, proudly covering people belonging to all walks of life with both small-scale entrepreneurial and personal finance requirements. 

The initiative will afford numerous conveniences and create an improved experience for both customers and staff. The integration of digital technology into the customer onboarding process is parallelly set to enhance efficiency across the bank, improve accuracy of data, offer greater internal controls, plus reduce the cost per customer. 

Each of these advantages to the bank, as part of their digitalization of internal processes, will allow them to facilitate a smooth, modern onboarding experience for all their customers, regardless of where they may be. Whether out in the paddy field, at a construction site, a factory, or anywhere else, the facility allows for anytime, anywhere convenient customer onboarding without the requirement of the customer’s physical presence at the bank. This further strengthens the bank’s reputation as a provider of world-class banking facilities not only in city locales and to high-net-worth individuals, but equally to out-of-Colombo, low & middle income customers. 

As such, SDB bank’s paperless onboarding system is expected to boost personal banking numbers in far-off locales along with signing on of customers displaying small-scale entrepreneurial needs in these areas, ensuring they are connected to the national economy and offering numerous banking conveniences to uplift their entrepreneurial efforts.

Through their emphasis on digital innovation across both internal and external aspects of their banking operation, SDB bank has continued to gain recognition as a digital pacesetter in local banking and a key facilitator of national development, particularly through the modern banking conveniences offered to small-scale entrepreneurs in uplifting the national economy. 



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Business

AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.

AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.

The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.

“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.

Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,

Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.

The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.

“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”

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