Business
Cargills Bank marks Women’s Day with Exclusive Bonus Interest Offer for Abhimani Women Account holders
Cargills Bank, Sri Lanka’s most inclusive bank, has launched an exciting campaign to honour women in celebration of International Women’s Day. The campaign is aimed at empowering women to take charge of their finances and savings, through Cargills Bank’s women-centric banking proposition, Abhimani Women’s Savings Accounts.
As part of this limited time offer, new and existing Abhimani Savings Account holders will receive an attractive bonus interest rate when they deposit any amount during March 2023 and maintain an average balance of LKR 5,000 for the month. This offer is exclusively from Cargills Bank and is designed to support women and their loved ones with their savings goals.
In addition to this, Abhimani Savings Account holders will also have access to convenient SMS alerts, plus mobile and internet banking facilities, with registration and annual fees waived for the first year. Furthermore, children of Abhimani account holders will receive a free “PODIHITIYO” minor savings account with a free, prefunded initial deposit of LKR 1,000/-, providing a head start for the next generation’s financial future. Cargills Bank is also pleased to offer a range of seasonal and non-seasonal benefits for its Debit Cardholders, adding extra value to their banking experience.
Lasantha Mahendrarajah, AGM-Retail & SME Business at Cargills Bank, expressed his enthusiasm for the campaign stating, “At Cargills Bank, we are committed to empowering women and providing them with the financial tools they need to achieve their goals. We believe that the Abhimani Women’s Savings Account, coupled with these exciting benefits, will be a significant advantage for our customers. We invite women across Sri Lanka to take advantage of this limited time offer and start saving for their future, today.”
With a vision to be Sri Lanka’s most inclusive bank driven by digital enablement, Cargills Bank is rated A(lka) by Fitch Ratings Lanka and is the financial services arm of the Cargills Group, providing a full range of banking and financial services. The Bank has also embraced the CBSL’s vision of a cashless society and was the first to issue and acquire LankaQR transactions in Sri Lanka, driving island-wide technology-based payment solutions.
In addition to branches, ATMs and digital channels, Cargills Bank accounts are also accessible through Cargills FoodCity outlets island-wide and enjoy free cash deposits and withdrawals at any Cargills FoodCity counter, courtesy of the Cargills Cash Service. Cargills Bank’s services include a full range of savings accounts, investment planner accounts, credit & debit cards, consumer loans, agriculture and micro financing, SME & business banking loans and trade facilities. The Bank also provides a range of flexible and convenient digital banking services, ensuring 24/7 access and absolute convenience.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
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.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
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.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
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.”