The Lankaputra Development Bank marked its 12th year recently. The commemoration ceremony was held at the bank’s Colombo headquarters premises giving foremost place to all religious activities. Bank Chairman Sujith Kariyawasam and officials of senior management including acting General Manager/ CEO Ranjith Dissanayake and Working Director Thuan Riza Hameet participated in this ceremony. In line [...]

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Lankaputhra Development Bank marks 12 years

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The Lankaputra Development Bank marked its 12th year recently. The commemoration ceremony was held at the bank’s Colombo headquarters premises giving foremost place to all religious activities.

Bank Chairman Sujith Kariyawasam and officials of senior management including acting General Manager/ CEO Ranjith Dissanayake and Working Director Thuan Riza Hameet participated in this ceremony. In line with this occasion, ceremonies had also been organised at regional branches of the bank, a media release issued by the bank stated.

The significant feature of this commemoration ceremony is giving priority to CSR. Accordingly a special programme was organised for the girls living in the Gangodawila Balika Niwasaya. They were taken on a tour of the wetland park in Nugegoda including a special boat ride.

Skills of the girls were appreciated and school equipment and pairs of shoes were also presented to them at this occasion. They were provided vouchers to purchase clothes as they wish.

In line with the 12th commemoration ceremony a special series of seminars titled “Vivasayaka Athweala” was also organised for the entrepreneurs who are engaged in self employment in Kandy. Over 1000 such entrepreneurs from Wattegama, Mahaiyawa, and Kandy took part in these seminars.

The LDB has opened and are maintaining branches in Colombo, Hambantota, Polonnaruwa, Kandy, Kegalle, Wennappuwa, Batticaloa and Trincomalee areas at present.

These branches are rendering a unique service to the small and medium scale entrepreneurs (SMEs) in these areas.

The LDB offers attractive interest rates for the savings and especially higher interest rates are paid for the fixed deposits of senior citizens. In addition leasing facilities, pawning service, ‘Sandaliya’ savings account for women, ‘Shasthri’ loan scheme for the individuals in the higher education sector are some special services carried out by the LDB at present. The ‘Shasthri’ loan scheme provides concessionary loans for persons to follow degree courses, postgraduate degrees in local & foreign universities and vocational education in reputed higher education institutes in Sri Lanka as well as overseas.

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