Connect with us

Business

HNB Singithi Giftober savings month begins with exciting new offers

Published

on

HNB Head of Deposits, Viranga Gamage

Widest reward scheme introduced for deposits from Rs. 5,000 for minor savings

HNB PLC, which claims to be the country’s “most customer friendly bank,” ,announced the return of its most anticipated annual campaign, Singithi Giftober, in celebration of Children’s Day.

Anchored by a slew of gifts to promote the savings culture among minor account holders, the annual campaign will run for 45 days, from October 2 to November 17. As is the custom, HNB will welcome over 3,500 children across 35 customer centres for a fun-filled day of exciting games and engaging programmes, empowering future generations with valuable skills and savings habits, a nes release from the bank said.

“October is a special month for us at HNB as it celebrates our biggest treasure – our children. Each year, we have taken the step to bring happiness to the leaders of tomorrow, today. This year is no different.

“Savings is not just a rewarding skill; it’s a valuable habit we must inculcate in our children. That is why the Giftober campaign is of the utmost importance to us. Our goal is to instil the importance of savings early in life, a financial lesson that can have a lasting impact on their financial well-being and overall life skills,” HNB Head of Deposits Viranga Gamage said.

Encouraging minors to save or increase their deposits, HNB will offer a range of enticing gifts and vouchers of up to Rs. 60,000- for deposits ranging from Rs. 5,000 to Rs. 1 million during the promotional period. This year’s exciting gifts include jumbo pen holders, stationery sets and the bank’s well-loved Jumbo till. HNB further partnered with over 15 leading retailers, allowing account holders to redeem their vouchers at any outlet across the country.

Additionally, HNB’s long-running savings till to till offer – which has been foundational to the savings habit of generations of Sri Lankans – will continue to run during the campaign period. Notably, all the Singithi Giftober Savings Month offers will rephrase as unclean existing savings rewards and incentives provided to Singithi depositors year-round.

Moreover, the bank’s commitment to financial literacy further extends to teenagers through the TEEN+ savings scheme, designed to nurture financial independence. The next-gen savings account, designed specifically for teenagers, offers a range of exciting features, including high-interest savings rates and a branded HNB TEEN+ Tap & Go debit card with free digital banking facilities. HNB TEEN+ also offers special seasonal discounts, SMS alerts for transactions and an e-statement facility.

Offering support to customers working towards their future goals and aspirations, HNB extends its Investment Plans to minor account holders, providing unmatched flexibility and attractive interest rates. Parents can use a monthly deposit investment plan or a lump sum investment plan assuring guaranteed proceeds at the age of 18.

Similarly, the Singithi Kirikatiyo Account, specially designed for newborn children, can be opened by parents within three months from the child’s date of birth. The bank will gift a free deposit of Rs. 1,000 when opening the account. Minor account holders will be entitled to one of the highest interest rates and gifts on their birthday, according to the account balance maintained.

Notably, HNB continues its flagship Diri Daru Grade 5 scholarship programme, offering cash rewards of up to 10,000 to all Grade Five students with Singithi accounts who meet the eligibility criteria. The scheme was also extended to academic excellence in GCE O/L, London O/L, GCE A/L and London A/L exams, where the top 150 best-performing HNB Teen account holders will receive cash prizes.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Foreign Minister defends India pacts, sidesteps transparency demand

Published

on

The press conference held at the Foreign Ministry in Colombo yesterday. From left:Arun Hemachandra, Deputy Minister of Foreign Affairs, Vijitha Herath, Minister of Foreign Affairs and Tourism and Prof. Ruwan Ranasinghe, Deputy Minister of Tourism

In a press conference marked by both clarity and pointed omission, Foreign Affairs and Tourism Minister Vijitha Herath, yesterday offered a robust defence of two controversial bilateral agreements with India but conspicuously avoided committing to tabling their full texts in Parliament.

The minister’s appearance, billed as a year-opening briefing, took a sharp turn when questioned on the strategic implications of the India-Sri Lanka Defence Cooperation Agreement and Sri Lanka’s acceptance of the Indian Pharmacopoeia.

“No Indian military camps on our soil”

Responding in Sinhala to a question posed in English, Minister Herath moved first to allay what he suggested were widespread misapprehensions about the defence pact.

“This agreement is especially for data and information exchange purposes regarding drug trafficking, drug mafias, human trafficking, and any terrorist activities that could threaten regional security and peace,” Herath stated.

He emphasised that it would also facilitate “various support related to the defence sector.”

In his most definitive assertion, aimed at quieting a persistent national anxiety, the Minister declared: “We must clearly say that there is no plan or possibility of setting up Indian defence camps on Sri Lankan soil.” He categorised the pact not as a “defence agreement” but a “defence cooperation agreement in its real sense,” claiming it creates an “advantageous position” for Sri Lanka.

He linked recent post-‘Ditwah’ cyclone disaster support from India, as well as U.S. aerial support during recovery efforts, to the frameworks established by such cooperation agreements, arguing they have proven beneficial.

Indian Pharmacopoeia: A reputation-based advantage

On the equally contentious acceptance of the Indian Pharmacopoeia – a standard synopsis for drug manufacturing – Minister Herath framed it as a logical step that formalises existing practice.

“We already import a significant share of medicines from India,” he noted. The agreement, he explained, signifies the acceptance of medicines exported by a “reputed Indian pharmaceutical company” approved by its national regulators.

He assured the public that Sri Lanka’s National Medicine Regulatory Authority (NMRA) will continue to remain the monitor. “By entering into this, no disadvantage will happen to us. Only an advantage will happen… it will only be beneficial to us,” he emphasised.

The unanswered question

Despite the detailed assurances, the Minister pointedly ignored the final and arguably most critical part of the question posed by The Island Financial Review : whether the government would table the full text of the two agreements in Parliament for transparent debate and discussion.

This omission is likely to fuel further controversy, as opposition parties, civil society groups, and independent analysts have repeatedly demanded full parliamentary scrutiny, arguing that agreements touching on sovereignty and public health mandate the highest level of public transparency.

Tourism Pride

Shifting to his tourism portfolio, Minister Herath struck an optimistic note, citing record tourist arrivals and foreign remittances in 2025 as a sign of resilient recovery post-Ditwah.

The conference also touched on global affairs. When asked about the U.S. arrest of Venezuelan President Nicolás Maduro, Herath presented a nuanced governmental position. He stated that while his party, the JVP, condemns the action, the government’s official stance is to urge respect for national sovereignty in line with the UN Charter – a reflection of the coalition’s delicate balancing act between ideological roots and diplomatic pragmatism once in governance.

Minister Herath’s explanations provide the government’s clearest public rationale yet for the India agreements, directly confronting fears over militarisation and pharmaceutical quality. However, the deliberate sidestepping of the transparency query left a communication deficit at the heart of the press conference.

High-stakes diplomacy

It reflected a perception that while the administration is willing to defend its policy outcomes, it remains reluctant to subject the processes of high-stakes diplomacy to the full glare of parliamentary and public scrutiny. As these agreements continue to shape Sri Lanka’s strategic and health landscape, the call for their full disclosure is now accompanied by a louder question about the government’s commitment to open governance.

by Sanath Nanayakkare

Continue Reading

Business

‘Vehicle-Testing Can Save Lives’

Published

on

Dharmasiri Gamage, Director, Presidential Secretariat, (4th from left), receiving the proposal from Prasanna De Zoysa (2nd from left), AAC Sectoral Chairman, Road Safety and Devapriya Hettiarachchi (3rd from left), Secretary, AAC at the Presidential Secretariat.

Automobile Association of Ceylon (AAC), in collaboration with the Federation Internationale de L’ Automobile (FIA) and under the UN Decade of Action for Road Safety has been consistently engaging in road safety enhancement programs for all citizens of Sri Lanka.

Current data indicates that while over 08 million vehicles are registered in the country, only heavy vehicles (less than 20% of the vehicle population) are subjected to compulsory road-worthiness tests.

Fatal accidents due to technical failures in vehicles are on the rise and the damage to lives and property is severe.

We also understand that there is a death every three hours and eight deaths per day in road accidents. This amounts to nearly 3000 deaths in road accidents per year.

AA of Ceylon has launched the “Vehicle Testing can Save Lives” project with the advice and support given to execute our campaign by the Minister of Transport, chairman, National Council for Road Safety (NCRC), Deputy Inspector General of Police (Traffic Division), Dr. Indika Jagoda, Deputy Director (Accident Service), National Hospital, president, Lions Club of Boralasgamuwa, Metro(Lions Club International – District 306 D 2) and other stake-holders to find a workable, low / cost solution for mandatory vehicle testing in Sri Lanka.

Therefore, this project aims to educate the public on the necessity of checking essential safety features in all vehicles and the benefits of same to all road users.

AAC has therefore respectfully requested Anura Kumara Dissanayake, President of the Democratic Socialist Republic of Sri Lanka, to consider implementing the proposal we have submitted to him, to minimize fatal accidents, injuries to people and damage to vehicles and property due to road accidents and to also implement a rule to have compulsorily road-worthiness checking of all vehicles. (AAC)

Continue Reading

Business

INSEE Lanka appoints new Chief Executive Officer

Published

on

Eng. Thusith C. Gunawarnasuriya

Siam City Cement (Lanka) Limited (INSEE Lanka) has announced the appointment of Eng. Thusith C. Gunawarnasuriya as its new Chief Executive Officer, effective 01 January 2026. He succeeds Nandana Ekanayake, who will continue to serve as Chairman, ensuring leadership continuity and strategic stability for the organisation.

A long-standing contributor to INSEE’s journey, Thusith has worked with the company through its evolution under Holcim (Lanka) Ltd, LafargeHolcim and INSEE, playing pivotal roles that influenced both operational progress and strategic direction.

Rejoining INSEE Lanka in January 2025 as Chief Operating Officer, he has since demonstrated exceptional leadership, driving topline growth, improving EBITDA performance, and strengthening talent development initiatives that enhanced organisational capability and business outcomes.

His expertise in business strategy, operations excellence, and supply chain transformation is well-recognised, supported by over 25 years of multi-industry and multi-country leadership experience. His career includes senior positions at Lion Brewery (Ceylon) PLC, Hemas Manufacturing, Fonterra Brands Lanka, GlaxoSmithKline, MAS Active, and DMS Software Engineering. His international exposure spans India, Bangladesh, and Thailand.

Thusith is a proud alumnus of Dharmaraja College, Kandy, and holds a BSc (Hons) in Electrical & Electronic Engineering from the University of Peradeniya, an MBA from the University of Colombo, and an MSc in Business & Organizational Psychology from Coventry University, UK. He has completed executive leadership programs at IMD (Switzerland) and the National University of Singapore. He is also a member of IEEE (US), CILT (UK), ISMM (Sri Lanka), and IESL (Sri Lanka).

Chairman’s Quote – Nandana Ekanayake:

“Thusith’s deep understanding of our business, strong operational mindset, and proven leadership make him the ideal successor to lead INSEE Lanka into the next phase of growth. His experience within INSEE and across multiple industries, positions him well to deliver on our long-term ambitions and uphold the values that define the organisation.”

Continue Reading

Trending