People’s Bank launches ‘Vanitha Vasana Month’

Friday, 23 March 2012 00:01 - - {{hitsCtrl.values.hits}}

To encourage the habit of saving among the women of Sri Lanka and further strengthen their financial capacity, People’s Bank has named the period between 8 March and 8 April as ‘Vanitha Vasana Month in commemorating International Women’s Day.

People’s Bank CEO/GM N. Vasantha Kumar accepting a ‘Vanitha Vasana’ deposit as Head Office Branch Manager Prasad Marasinghe looks on

A program is launched to double the savings during the Vanitha Vasana Month for all Vanitha Vasana Accounts. For this purpose, People’s Bank has introduced Savings Receipts valued at Rs. 1,000, Rs. 5,000, Rs. 10,000, Rs. 25,000, Rs. 50,000, Rs. 100,000 and those who deposit money to Vanitha Vasana Accounts during the Vanitha Vasana Month will receive these Savings Receipts. These savings Receipts will be taken in for a special draw and the person with the winning receipt will receive the amount on the receipt as the prize.

For example, if a person has deposited Rs. 25,000 to a Vanitha Vasana Account and her receipt is chosen as the winning receipt, People’s Bank will deposit an additional Rs. 25,000 to her account. Vanitha Vasana accounts receive more interest rate than a regular savings account and the accumulated interest will be automatically transferred to the account. Furthermore, savings during the Vanitha Vasana Month will be entitled to People’s Bank Jaya Sri Draw. The Jaya Sri Draw will be held at the end of each month and in this draw, motor cars, four wheel tractors and household appliances including television sets will be on offer as prizes.

Enjoy all these benefits by opening a Vanitha Vasana Account or add a special deposit to an existing Vanitha Vasana Account during the Vanitha Vasana Month. Vanitha Vasana Draw will be held at all People’s Bank branches islandwide simultaneously with the 51st anniversary of People’s Bank in July.

The main inauguration ceremony to introduce the Vanitha Vasana Month was held under the patronage of Chief Executive Officer/General Manager of People’s Bank N. Vasantha Kumar on International Women’s Day at the Head Office Branch of People’s Bank. The ceremony was attended by corporate and executive management of People’s Bank along with the staff and customers. Adding colour to the occasion, well-known beautician Chandani Bandara, popular sportswoman E. A. T. Damayanthi and renowned chef Lloyd Opatha carried out a special workshop. Many other branches of People’s Bank held programs simultaneously to commemorate International Women’s Day and to introduce Vanitha Vasana Month.