LB Finance offers 15% interest for 15-month Fixed Deposits of senior citizens
LB Finance PLC has been a solid and a trustworthy contender and a leader in Sri Lanka’s financial arena for the past 45 years. Continuing the proud tradition of offering attractive benefits to its customer base, the Company has taken the initiative to add value to investments of senior citizens.
In line with its visionary financial investment culture, LB Finance introduced a high interest rate of 15 percent (14.74 % A.E.R) for 15-month Fixed Deposits and 14 percent interest rate(14.49% A.E.R) for sixmonth Fixed Deposits of senior citizens which is a very competitive rate that LB Finance is extending towards their customers while strictly adhering to the governing NFBI rules and regulations.
“LB Finance is renowned for perceptive responses to customer needs. This initiative to add value to investments of senior citizens is yet another part of our continuous efforts to assist our customers grow by being a trusted beacon of financial guidance in their lives,” said Marlon Perera, Deputy General Manager-Fixed Deposits at L B FINANCE PLC.
Established in 1971, LB Finance has become a trusted
Established in 1971, LB Finance has become a trusted and a much respected financial company in Sri Lanka with a deposit base of over 50 billion
and a much respected financial company in Sri Lanka with a deposit base of over 50 billion. As a finance company close to the hearts’ of Sri Lankans, LB Finance plans to continue to offer attractive benefits to senior citizens.
LB Finance PLC’s long term rating of ‘A-(lka)’ Outlook Stable was affirmed by Fitch Ratings Lanka Ltd during their annual ratings review of NBFI’s on 2nd August 2016.