LB Finance promotes savings among children

LB Finance is encouraging children to save, rewarding young savers with gifts.

LB Kids Savings account holders enjoy an AER of 6% on their savings with every cash deposit of Rs. 5,000 or more. To top it off, lucky account holders will receive bicycles, school bags, MP3 players,

Monopoly games and DSI gift vouchers, on savings which is for a minimum period of five years.

The seasonal promotion will end on January 31, but the company promises more surprises in the future.

LB Kids Savings Accounts can be opened at all LB Finance customer centres islandwide.

"Start them young and they will grow into responsible adults with better personal finance management skills.

Our rewards for young savers are what every child aspires to have," said DGM - Fixed Deposits, Marlon Perera.

LB Finance operates through an integrated network of branches offering cutting-edge solutions through services such as acceptance of fixed deposits, leasing, hire purchase, savings, Islamic finance, margin trading, mortgage loans, micro-financing, inland money transfer, gold loans, factoring, agricultural equipment leasing and other credit facilities.

LB Finance has earned a name for being a trendsetter in the Sri Lankan financial sphere, owing to its track-record and knack of making the right moves at the right times, a company spokesman said.