Union Assurance declared a 9.5 percent dividend rate on their Life Advantage Plan for 2015. This is a significantly higher rate than the minimum guaranteed rate of 8 percent for 2015, a rate that is still higher than the average market interest for 2015, which stood at 5.99 percent. The year’s bonus payout is consistent with the Company’s practice of providing policyholders with a significantly higher return than promised. This
Nations Trust Bank (NTB) is paying tribute to the rich historic traditions surrounding the Avurudu festival by improving public awareness on the significance of the various ‘nekath’ (auspicious moments), engaging in ‘ganu-denu’ with the customers and by giving customers tokens of appreciation, reflecting the value of their relationship with the bank.
The most auspicious time of year, the Sinhala and Tamil New Year, also popularly known as ‘Aluth Avurudu’, is more than just a time for celebrations, feasting and visiting family and friends. With its roots in traditional harvest periods, it is a time that most people choose to take stock of the year gone past. And, at the same time, prepare oneself for a new year and a new beginning.
The Clearing Association of Bankers (CAB) has organised its annual Interbank Quiz competition, which will take place on April 24, 2016 at Balmoral Hall, The Kingsbury Hotel Colombo, at 4:30 p.m. The competition sponsored this year by Deutsche Bank, Pronto Lanka (Pvt.) Ltd and Transnational BPM Lanka (Pvt.) Ltd with ITN Sri Lanka playing the part official electronic media partner, is the 24th Interbank Quiz organised by the CAB.
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