Nations Trust takes 365 day banking to Hambantota

Tuesday, 15 January 2013 00:00 - - {{hitsCtrl.values.hits}}

Nations Trust Bank added an important milestone to the bank’s expansion plan with the opening of the 58th branch in Hambantota recently.

In line with the bank’s strategy of expanding customer touch points, Nations Trust Bank opened its first new branch for this year in Hambantota – a town that is developing rapidly poised to be a key performer in driving the country’s economic success.

Located at 39,Main Street, Hambantota , the new branch is based on the banks proprietary design concept that offers the bank’s signature services of 365 day banking with extended hours, the ultimate in convenience, a modern banking hall and exceptional customer service that is provided by professionally trained and courteous staff.

Nations Trust Bank, now in operation for 13 years, has grown steadily in strength and stability. The Group closed the nine months with a post tax profit of Rs. 1,460 m, surpassing the comparative period of last year by 25%. Core-earnings posted good growth over 2011 with net revenue increasing by 19%.

The people in Hambantota can now experience a range of customized financial products to suit their individual as well as business needs. Nations Trust Bank offers Personal Investment Plans as well as Kidz Investment Plans with a guaranteed fixed monthly interest rate, enabling customers to plan for the future by setting aside a fixed saving on a monthly basis. The suite of segmented product offerings includes the Private Banking and Inner Circle Membership for individual customers as well as the Platinum and Gold Membership for the Business community.

Services such as Remittances and Pawning are also offered across the branch network. The bank has tied up with several Remittance partners worldwide to offer seamless transactions to customers by facilitating remittances from across the globe. Pawning services are now being offered 365 days of the year with extended banking hours at across the branch network that is now island wide.

The bank provides a wide range of products to the Small and Medium Entrepreneurs (SMEs) which includes working capital finance, long term financing cash management services, trade services for importers/exporters, guarantee facilities, leasing and factoring solutions. All this is packaged in the business banking proposition that offers the Platinum and Gold membership providing a special set of benefits, including a lucrative Rewards Points scheme. The roll out of Nations Business Centres in a number of key locations serves as a one-stop-shop for Business customers where all their financial needs are met under one roof.

Commenting at the branch opening, Deputy General Manager Keshini Jayawardena stated: “The opening of our 58th branch in this fast developing city is evidence of the thrust we are putting behind expansion to reach to a larger population of the country. We will continue to offer a different banking experience through the service offering together with our trained and professional staff that is ready to assist our valuable customers throughout our branches. I am confident that as we grow we will continue to tailor make our financial propositions to suit varied customer needs.”