DFCC Bank commits to developing nation’s saving habits capitalising on latest technologies on World Thrift Day

DFCC Bank, the premier commercial Bank in Sri Lanka, has been playing a prominent role in transforming the lives of its customers by actively promoting and incentivising the habit of saving, in order for them to become financially independent while achieving their dreams and goals, for over six decades ever since its inception in 1955.

Insurance Asia Awards recognises SupremeHealth Max of HNB Assurance as ‘Health Insurance Initiative of the Year’

The prestigious Insurance Asia Magazine recognised HNB Assurance at the 2021 Insurance Asia Awards as the Health Insurance Initiative – Sri Lanka for SupremeHealth Max. These awards recognises the most outstanding insurance companies in Asia. Published bi-annually, Insurance Asia is a publication that is devoted to insurance companies, investors and policy makers.

HNB inspires the nation to save on World Thrift Day

Premier private sector bank HNB PLC, has called upon all Sri Lankans to double down on their savings for a financially secure future in celebration of World Thrift Day.

People’s Bank encourages savings habit to enjoy a life of success

World Thrift Day was announced at the first International Savings Bank Congress held in Milan, Italy in 1924 and since then it is being celebrated annually on 31 October. The objective of this day is to educate the global population on the concept of thrift and nurture the savings habit, thereby providing them with a platform to achieve a better quality of life.

Investing vs saving: Tenets of financial management

Whether you take a personal or a societal viewpoint, smart saving and investing isn’t just a process. It’s a culture, and as ‘lifestyle inflation’ is a crucial issue today, what would it take to develop a culture of wise savings and investing? Improvement of financial literacy and reforming the perspective of financial management principles and its basic fundamentals, such as investing and saving.

Advise to a new investor

Financial planning is not something that is limited to high net worth individuals or corporates; it is something we all must practice from an early age to build financial discipline and to manage one’s income vs expenditure in order to have enough savings and investments for future consumption.