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In celebration of their 20th anniversary, Nations Trust Bank has announced the launch of a special, limited edition fixed deposit product with unique features and benefits. This special fixed deposit product will provide customers with the ability to open a fixed deposit for 20 months with a preferential interest rate of 10.33% p.a. (10.00% A.E.R) and a first year free Life Insurance worth Rs. 200,000.
In addition to this, customers will also be able to avail themselves of a cash-backed overdraft facility against their fixed deposit up to 95% of the deposit value. This fixed deposit is a limited edition product and will only be available until the end of 2019. The product is available for both individuals and businesses.
Speaking about the launch, Nations Trust Bank Senior Vice President – Branch Network Sheahan Daniel said, “Reaching the 20-year milestone is very significant for us. Starting from humble beginnings, we have now grown into one of Sri Lanka’s best and most respected banks through our commitment to customer service excellence and innovation. Therefore, to celebrate this milestone, we are conducting many initiatives to provide our customers with something special. This 20-month fixed deposit is one of these initiatives and will allow customers to park their funds in a high yielding investment for a reasonable period of time and enjoy added benefits. We are proud and honoured to be celebrating this major milestone and we are thankful to our customers, because without them it would never have been possible.”
Nations Trust Bank celebrated its 20th anniversary on 1 July, marking two decades of trust, innovation and challenging the norm to deliver an unparalleled banking experience to customers. Established in July 1999 with the acquisition of the Colombo branch of the Overseas Trust Bank Ltd., Nations Trust Bank entered a banking arena dominated by titans. Through sheer passion and hard work, the bank has now established itself as a major player in Sri Lanka’s banking and finance sector.
Today, Nations Trust Bank is Sri Lanka’s most progressive bank and is consistently ranked amongst the best banks and business entities in Sri Lanka and has also received international accolades and recognition. It is also among the top 30 business establishments in Sri Lanka as ranked by Business Today Magazine, ably providing a host of financial products and services to a wide range of customers.
Nations Trust is also the bank behind Sri Lanka’s first fully digital bank, FriMi. The bank operates 94 branches across the country, boasting an ATM network covering 127 locations and 44 Cash Deposit and Withdrawal Machines, plus more than 3,500 ATMs on the Lanka Pay Network and is the issuer and sole acquirer for American Express Cards in Sri Lanka.
