LCB Finance has announced enhanced interest rates for senior citizens, allowing them to earn higher returns on savings and fixed deposits.
The initiative aims to support financial stability and long-term goals, ensuring seniors’ savings work harder while providing safety, reliability, and steady income.
With preferential interest rates, senior citizens can grow their savings confidently, enjoying trusted services and secure investment options that offer both financial comfort and peace of mind.
HNB Partners with Baili Investments to Offer Home Loans for Silk Rajagiriya Residents
HNB PLC has formalized a strategic partnership with Baili Investments Lanka (Pvt) Ltd., signing a Memorandum of Understanding (MoU) to provide customised home loan solutions for residents of the Silk Rajagiriya development. The agreement, valid until December 31, 2026, aims to offer attractive financing options while supporting quality residential construction.
Silk Rajagiriya, a BOI-registered project backed by Hong Kong investors, is situated at the junction of Buthgamuwa Road and Parliament Road. The development features six high-rise towers integrated with a shopping complex, cinema, and premium amenities, including a clubhouse, indoor golf, art gallery, rooftop leisure areas, swimming pool, and jogging track. Construction has reached the eighth floor, with completion expected by September 2028. The project aims to redefine urban living in Colombo by blending lifestyle, culture, and business in a single community.
HNB’s Head of Retail Banking/Senior Vice President, Kanchana Karunagama, highlighted the partnership’s significance:
"At HNB, we are committed to understanding the evolving needs of our community. Our goal is to provide financial solutions that make aspirations achievable, whether it’s owning a home or planning for the future. Silk Rajagiriya exemplifies modern living, and we are proud to support residents in accessing this opportunity with confidence."
Both organisations will collaborate on promotional initiatives, including social media campaigns, to raise awareness among prospective homeowners.
Xueyuan Deng, Director of Baili Investments, added:
"We are grateful to HNB for guiding our residents and making access to home financing straightforward. This partnership strengthens confidence in the real estate sector and supports our mission to deliver a premium, community-focused living experience, setting new standards for Colombo’s urban landscape."
This initiative marks another milestone for HNB in offering specialised financial solutions aligned with large-scale urban developments, reinforcing its leadership in Sri Lanka’s private banking sector.
LCB Finance Offers Higher FD Interest Rates for Senior Citizens
