People’s Bank, one of Sri Lanka’s leading banking institutions, marked World Children’s Day and World Elders’ Day, observed annually on October 1, by reaffirming its commitment to supporting younger generations while offering special benefits aimed at senior citizens.
Deputy General Manager – Retail Banking, A.U.A. Anzar, said: “Children represent the future of our nation, while senior citizens belong to a generation whose contributions have helped shape the society we live in today. World Children’s Day and World Elders’ Day provide an important opportunity to recognise the needs and aspirations of both generations. At People’s Bank, we are committed to supporting children in building a secure and promising future while ensuring that senior citizens continue to enjoy greater financial convenience and security.”
As part of the celebrations, children who deposit Rs. 1,000 or more into their People’s Bank Isuru Udana or Sisu Udana accounts between October 1 and December 31 will be eligible to receive stationery kits and other gifts. The initiative is designed to encourage children to develop healthy saving habits from an early age.
Meanwhile, children holding Ethera Udana Personal Foreign Currency Minor Accounts who open accounts and receive remittances during the promotional period will be eligible to win Ethera Udana stationery sets.
For senior citizens, People’s Bank offers the Parinatha Senior Citizen Savings Account, which provides a range of benefits designed to make saving more convenient and rewarding.
People’s Bank introduced the Isuru Udana savings account in 1998 under the theme “The Wisest Gift for a Child”. Designed for children below the age of five, the account offers a range of benefits while encouraging parents and guardians to begin planning for their children’s financial future from an early age.
Through these initiatives, People’s Bank continues to promote financial awareness and responsible saving among younger customers while providing dedicated banking solutions that support the financial wellbeing of senior citizens.
Amana Bank Named Sri Lanka’s ‘Best Bank’ at IFN Awards
Amana Bank has secured three major accolades at the Islamic Finance News (IFN) Awards, including the prestigious Best Bank in Sri Lanka title for the fifth consecutive year.
The Bank was also recognised as Best Retail Bank in Sri Lanka and Most Innovative Bank in Sri Lanka, highlighting its performance and contribution across several areas of the country’s banking sector.
The latest recognition comes as competition continues to grow within Sri Lanka’s Islamic banking and finance industry, which now includes more than 15 institutions offering Islamic financial services.
Organised by Malaysia-based REDmoney Group, the IFN Awards are now in their 20th year and recognise leading institutions, organisations and landmark transactions across the global Islamic finance industry.
Amana Bank Managing Director/CEO Mohamed Azmeer attended the awards ceremony in Dubai and accepted the accolades on behalf of the Bank.
The IFN Awards cover major Islamic finance markets including Malaysia, the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, Egypt, Pakistan, Bangladesh, Turkey, the United Kingdom, Indonesia and South Africa.
In addition to recognising leading financial institutions, the awards highlight significant Islamic finance transactions across areas such as Sukuk, sustainability financing, syndicated financing, cross-border financing and social impact financing.
This year’s winners included sovereign entities recognised for pioneering Sukuk issuance initiatives, as well as global financial institutions such as Standard Chartered and HSBC. International rating agencies including S&P Global Ratings and Moody’s were also among the recognised institutions, alongside major Islamic banks such as Al Rajhi Bank, Kuwait Finance House, Dubai Islamic Bank and Abu Dhabi Islamic Bank.
Commenting on the recognition, Mohamed Azmeer said: “We are deeply honoured to once again be recognised as Sri Lanka’s Best Bank at the IFN Awards, and particularly proud to receive this recognition for the fifth consecutive year, alongside some of the world’s most prominent and respected institutions in the global Islamic finance industry.”
He added that the awards are particularly meaningful because they are determined through a global industry poll, reflecting the confidence and recognition Amana Bank has earned among stakeholders within the wider Islamic finance community.
People’s Bank Marks World Children’s Day and World Elders’ Day with Special Benefits
