Young savers flock to LB Finance

Friday, 9 January 2015 03:37 -     - {{hitsCtrl.values.hits}}

Gifts galore to encourage saving Financial giant LB Finance is introducing children to the habit of saving by rewarding young savers with exciting and valuable gifts with which the financial trailblazer plans to hold their interest well into the future. LB Kids Savings accountholders enjoy an AER of 6% on their savings with every cash deposit of Rs. 5,000 or more. To top it off, lucky accountholders will walk away with valuable bicycles, school bags, MP3 players, Monopoly games and DSI gift vouchers on their savings which is for a minimum period of five years.   The seasonal promotion will run until 31 January but the company promises more surprises in the future. LB Kids Savings Accounts can be opened at all LB Finance customer centres island-wide. “Start them young and they will grow into responsible adults with better personal finance management skills. Our rewards for young savers are what every child aspires to have,” says Fixed Deposits DGM Marlon Perera.   LB Finance operates through a highly-integrated network of branches offering cutting-edge solutions through services such as acceptance of fixed deposits, leasing, hire purchase, savings, Islamic finance, margin trading, mortgage loans, micro-financing, inland money transfer, gold loans, factoring, agricultural equipment leasing and other credit facilities. LB Finance has earned itself a name for being a trendsetter in the Sri Lankan financial sphere, owing to its remarkable track-record and knack of making the right moves at the right times. Many of the products on its portfolio are designed with the informal economy in mind with the company making great efforts to support the livelihoods of people who may not otherwise have access to financial support.