Thursday Feb 19, 2026
Thursday Feb 19, 2026
Thursday, 29 January 2026 10:47 - - {{hitsCtrl.values.hits}}
LB Finance Senior Deputy General Manager (Fixed Deposits) Marlon Perera
As customer expectations continue to evolve in Sri Lanka’s financial landscape, LB Finance PLC has introduced the LB Premier Savings Account — a new savings solution designed to deliver superior returns without compromising access to funds. We spoke with Mr. Marlon Perera, Senior Deputy General Manager – Fixed Deposits at LB Finance PLC, to understand the thinking behind this offering and how it aims to reshape the savings experience.
Q: What inspired the launch of the LB Premier Savings Account?
Customers today no longer want to choose between earning strong returns and having access to their money. Traditionally, fixed deposits offered higher interest but limited flexibility, while savings accounts provided accessibility with lower returns. LB Premier was designed to bridge this gap — giving customers the best of both worlds.
Q: What makes LB Premier different from conventional savings products?
The key differentiator is the return combined with flexibility. LB Premier offers interest rates of up to 7.00% per annum, calculated daily and credited monthly. At the same time, customers enjoy unlimited withdrawals without losing the interest they have earned. This balance of high returns and full liquidity truly sets it apart.
Q: How does the tiered interest structure benefit customers?
We wanted to encourage and reward saving behavior. Customers who maintain higher balances earn higher returns — 7.00% p.a. for balances above Rs. 300,000. It is simple, transparent, and clearly beneficial to the customer.
Q: How important was digital integration in designing this product?
Extremely important. Our customers expect to manage their finances on the go. LB Premier is fully accessible through the LB CIM App, offering 24/7 account access, fund transfers, and account management. We have also included transaction SMS alerts, optional debit card facilities, and a choice of statement or passbook formats to suit different preferences.
Q: Who is LB Premier designed for?
LB Premier is ideal for individuals who do not want to tie down their money in fixed-term investments yet still wish to earn attractive returns. It can be used as a day-to-day transactional account while generating interest. These customers value efficiency, convenience, and performance — and LB Premier delivers on all three.
LB Finance PLC is one of Sri Lanka’s leading non-bank financial institutions, serving customers through a nationwide network of over 220 branches. Listed on the Colombo Stock Exchange and rated A-(lka) with a Stable Outlook by Fitch Ratings, the Company has over USD 1 billion in total assets and plays a significant role in supporting Sri Lanka’s financial ecosystem.
The launch of LB Premier reflects LB Finance’s commitment to innovation and customer-centric product design. More than just a savings account, LB Premier is a modern wealth solution that helps customers grow their money while staying in full control.
