Cargills Bank and Janashakthi Life strengthen partnership with cobranded credit cards

Friday, 6 September 2019 00:00 - - {{hitsCtrl.values.hits}}

Cargills Bank MD/CEO Rajendra Theagarajah and Janashakthi Insurance Director/CEO Jude Fernando at the launch of the Janashakthi-Cargills cobranded credit card. AGM – Card Services Mahesha Amarasuriya, Manager – Card Operations Kaushi Fernando and Manager – Marketing Renuka Hettiarachchi from Cargills Bank, along with GM – Sales Harsha Abeywickrema, Head of IT KV Kuganathan and Head of Marketing Manindri Bandaranayake from Janashakthi Life are also present

Strengthening the partnership between two of the country’s leading local corporates, Cargills Bank and Janashakthi Insurance PLC (Janashakthi Life) announced the launch of their new cobranded credit card, which is dedicated to provide superior value to Janashakthi Life insurance customers.

This cobranded credit card will be made available to existing or new Janashakthi Life customers with a monthly premium value of Rs. 10,000 or above, and can avail a credit limit up to Rs. 500,000.

This also entitles customers to enjoy the numerous benefits and discounts that are offered to Cargills Bank credit cardholders.

Commenting on the latest offering of this unique partnership, Janashakthi Insurance Director/CEO Jude Fernando stated: “With the evolving lives of our customers,

it is important to innovate ways of interacting with our customers that would create meaningful engagement as a trusted partner and service provider. We want to add value to our loyal customers by offering them benefits that would uplift their quality of lives. At Janashakthi Life, we are happy to find a likeminded partner in Cargills Bank, who understand this and are committed to providing our collective customer base with better service and solutions every day.”

Cargills Bank Managing Director/CEO Rajendra Theagarajah added:

“We are delighted to partner with Janashakthi Life as a part of our expansion strategy in the cards business. This solution will enable Janashakthi Life insurance customers to avail themselves to a variety of augmented services with Cargills Group and many more partner merchants connected to Cargills Bank. We will continue to leverage our synergies and confident that this new initiative will add meaningful value to our customers across the country.”

This latest venture is an extension of the partnership created last year between the two companies, as they offered a cash management solution which enables Janashakthi Life customers to pay their premiums through the Cargills network.

This association includes all Cargills Bank branches and the island wide network of over 380 Cargills Food City outlets, thereby affording Janashakthi customers superior convenience.