As one of Sri Lanka’s fastest-growing banks, Pan Asia Bank occupies a unique status as the Truly Sri Lankan Bank that is championing the aspirations of Sri Lankans from all walks of life. Pan Asia Bank supports their dreams through its unique products and services to bring them financial security and peace of mind. On World Thrift Day and indeed every other day, Pan Asia Bank strives to encourage the habit of saving among Sri Lankans, introducing
The inaugural International Savings Bank Congress held in Milan, Italy in 1924, designated October 31st as World Thrift Day. This global observance aims to instill the concept of thrift and foster a culture of savings, offering individuals a pathway to enhance their quality of life. Since that momentous occasion, Savings Banks worldwide have celebrated this event. In parallel, People’s Bank has since its inception encouraged and guided the peopl
Sri Lanka is a land that sees unity in diversity, with historically rich traditions, vibrant lifestyles, and precious natural beauty. Our country’s strong conservation culture is a testament to its unique heritage and looking to the future, there is a critical need today to re-invigorate the conservation culture among our people. As the only savings bank in the country, National Savings Bank strongly believes that promoting a culture of savings s
In celebrating World Thrift Day, also known as Savings Day, which falls on 31th of October this year, Sri Lanka’s No.01 Bank, Bank of Ceylon affirmed the Bank’s commitment to continuous development of cutting edge saving products to encourage healthy financial habits among the public with a view to ensuring future financial security of individuals, communities as well as the economic development of the Nation at large. In particular, there has
Financial literacy is the ability to understand and use various financial skills, including personal financial management, budgeting, and investing. It involves the knowledge of financial concepts, such as earning, saving, spending, borrowing, and investing, as well as the ability to make informed decisions about these matters. Financial literacy is crucial for individuals and families to navigate the complex world of personal finance and make so
Gen Z, the generation born between the mid-1990s and the early 2010s, is becoming increasingly aware of the importance of financial literacy and developing smart money habits. In fact, financial literacy ranks as a top priority for Gen Z across the globe. Despite their enthusiasm for learning about personal finance, many Gen Zers still lack adequate financial literacy, and they’re also experiencing financial anxieties amidst an uncertain economy,
Saving is key for financial stability. It helps us handle unexpected expenses and capitalise on opportunities. It also helps us reach our long-term goals, like buying a home or pursuing higher education. On Thrift Day, we celebrate the importance of saving and recognise its positive impact on both individuals and the economy. There is no age limit to start saving. Being thrifty is something everyone can achieve at any age. As the largest private
Since 1955, DFCC Bank – the Bank for Everyone – has played a prominent role in transforming the lives of its customers by actively promoting and incentivising the habit of saving. This commitment has empowered Sri Lankans to become financially independent while achieving their dreams and goals for over six decades. World Thrift Day is commemorated annually on 31st October across the globe, serving as a platform to champion the significance of sav
Sri Lanka’s leading private sector bank, HNB PLC, reaffirmed its enduring commitment to nurturing a culture of savings, a cornerstone of achieving financial security, in commemoration of World Thrift Day 2023. Most recently the bank announced the return of its most anticipated annual campaign “Singithi Giftober” in celebration of World Children’s Day. Anchored by a slew of gifts to promote the savings culture among minor account holders, the ann
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