LB Finance launches ‘LB e-Connect’

Friday, 26 February 2016 00:00 - - {{hitsCtrl.values.hits}}

LB Finance Executive Director Niroshan Udage lunching the new website, Birdinhand. Others from left: LB Finance Deputy General Manager Fixed Deposit Marlon Perera, LB Finance National Manager Business Sameera Wanninayake, LB Finance Manager Savings Nayan Priyanka LB Finance Assistant General Manager Information Technology, LB Finance Chief Financial Officer Hasitha Athapattu and LB Finance Chief Risk Officer Bimal Perera are also in the picture - Pic by Daminda Harsha Perera

Financial services giant, LB Finance yesterday (25) launched ‘LB e-Connect’ an innovative, secure and user friendly electronic banking facility to smooth the progress of online transactions for its customers.

This financial tool is designed to provide convenience; encompassing the options of inter and intra bank and transfers, utility bill payments, credit card payments pertaining to selected banks as well as balance inquiries. The key advantage of LB e-Connect lies in the fact that one can transact on the go on a 24/7 basis, which is also mobile compatible.

LB Finance Executive Director Niroshan Udage said the facility is designed on a secure platform combining user-friendly features, hence the customers could enjoy the convenience of managing their finances while having complete control over their accounts.”

LB Finance Assistant General Manager – Information Technology Chethana T. Kahandugoda explained that this service would be initially available for savings account holders, however the firm intends enabling customer access to more product facilities including leasing, personal loans and factoring in addition to incorporating online real-time transacting ability.

Its national long-term rating of ‘A-(lka)’ combining a stable outlook from Fitch Ratings is a reflection of LB Finance’s impressive profitable standing among licensed finance companies. Its continuous investment in improving its levels of service is reflected through the continuous accolades received. LB Finance won two awards for exceptional financial reporting at the recently-concluded CA Annual Reports Awards, while attaining the ISO: 27001 benchmark in Information Security Management.

Being the first finance company to receive ‘Carbon Conscious Status’, a certification from the Sri Lanka Carbon Fund, the company has made explicit its commitment to being environmentally sound in the process of carrying out operations.

Established in 1971, LB Finance has built a strong reputation of being one of Sri Lanka’s most trusted financial organisations. With a total deposit base of over Rs. 50 billion, the company also offers a variety of other services inclusive of leasing, factoring, personal loans, micro finance, mortgage loans and gold loans.