Seylan Bank expands services to North and East

Seylan Bank recently opened a new branch in Nelliady and two new extension offices in Manipay and Chankanai in line with President Mahinda Rajapaksa's 'Uthuru Wasanthaya' vision to bring the North into mainstream economic activity, and thus forging a stronger presence in those areas.

Governor of the Central Bank Ajith Nivard Cabraal was Chief Guest at the branch opening at Nelliady.

Ajith Nivard Cabraal, Governor Central Bank , Dr. Weerasinghe Chief Economist (left), Eastman Narangoda Chairman Seylan Bank PLC(right), Ranee Jayamaha Advisor to the President on Banking and Uthuru Wasnthaya, R. Nadarajah Executive Director Seylan Bank PLC, Ajita Pasqual General Manager/Chief Executive Ajith Devasurendra Director, Kamal Deshapriya Assistant General Manager Marketing and other invitees being welcome by the people in Nelliady.

Also present were Advisor to the President on Banking and "Uthuru Wasanthaya" Dr. Mrs. Ranee Jayamaha, Chairman of Seylan Bank PLC Eastman Narangoda, Executive Director Seylan Bank R. Nadarajah, Director Ajith Devasurendra, General Manager/CEO Ajita Pasqual and several other distinguished officials from the Central Bank and Seylan Bank PLC.

The Manipay and Chankanai Extension Offices were open by Chairman of Seylan Bank PLC Eastman Narangoda.

The new branch openings complement the already existing seven year old Jaffna Branch of Seylan Bank and thus increase the Bank's presence in the North.

These branches are now fully geared to take Seylan Bank's bouquet of products and services to the people of the North and East and enable them to experience the same benefits enjoyed by their fellow countrymen. Seylan Bank being the pioneer in introducing extended banking hours on weekdays and Saturday banking, will offer the same service to the newly opened branches as well.

The ATM facility enabling 24-hour access to accounts will also be offered to customers in the North thus enabling them to experience the superior quality of service Seylan Bank is reputed for.

Chairman of Seylan Bank PLC Eastman Narangoda said, "We are happy with the idea of expanding it to the North and East.

This venture forms part of a long-term plan to increase our presence in these areas and reach out to everyone, irrespective of race, caste and creed".

With the end of the war, the Bank was very actively involved in providing Mobile Banking Services to the IDP camps. Inward remittances and pawning services have recorded a substantial growth since then with all products recording overall positive growth.

We are proud to be of service to the nation in good times and in bad.

The Seylan Bank's strong restructuring and solid financial performance have enabled us, in no small measure, to build confidence among the public and thus consolidate our position as one of the leading players in the Sri Lankan banking industry", Narangoda added.