People’s Bank affirms commitment to children by celebrating World Children’s Day

September 30, 2020

People's Bank is celebrating World Children’s Day with special programmes and activities islandwide from 1st October to 31st December 2020 for the Bank’s Isuru Udana and Sisu Udana customers.

It is the prime responsibility of parents and adults to keep their children happy and ensure they have access to proper education while guiding them in the correct path. Children are the future of a nation and they remain the countries lifeblood.

To support development and nurturing of children, People’s Bank has always awarded higher interest rates together with a host of benefits and gifts with educational value. This year, in line with Government’s vision to promote local manufacturing, the Bank expects to provide clay saving tills as one of the gift items, there by supporting the clay industry in the country.

Commenting on the children’s savings initiatives of, People’s Bank Deputy General Manager (Process Management & Quality Assurance and Retail Banking) Mrs. Renuka Jayasinghe stated, “People’s Bank has always been a bank dedicated towards children. From 1st October till 31st December, in conjunction with the World Children’s Day, we will steer a special savings programme, a children’s savings trimester. Our intention is to encourage and create awareness amongst children, parents, guardians and the whole society with regard to the importance of savings.

Encouraging future generations to save and through that to promote a sustainable economic environment remains our key goal. People’s Bank has always been dedicated to this cause.”
People’s Bank will be organizing special programmes and competitions during these three months focusing on enhancing the children’s knowledge levels and nurturing their creative talents. All such programmes will be carried out in strict adherence to the health guidelines given by the authorities in the wake of the COVID-19 pandemic. Further Renowned medical professional Dr. Anuruddha Padeniya will conduct a series of informative clips for children on topics such as health and education. These clips will be made available on mass media as well as social media. Further details on the World Children’s Day programmes can be obtained by contacting the nearest People’s Bank branch.

People’s Bank introduced the ‘Isuru Udana’ accounts to cater to children from birth up to 5 years of age, while the ‘Sisu Udana’ account was launched for school children from 6 to 18 years of age with the aim of inculcating the habit of saving from a child’s early days. For several years, the Bank has strived to open an Isuru Udana account with a cash deposit for every single baby born in the country.

Today, People’s Bank has the highest number of student bank accounts in Sri Lanka. As an integral part of its digitalization drive, People’s Bank reached another major milestone by establishing Sri Lanka’s first-ever ‘School Banking Unit with CDM’, a module of the popular Self-Banking Unit (SBU), at several schools across the island in order to bring digitalisation closer to the school children while also inculcating the saving habit and extending banking facilities to them for enhanced convenience and safety.



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