April 24, 2024
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3min

24 April 2024, Colombo: The recently held Seylan Kedella Construction Expo 2024 came to a resounding conclusion, with several of the latest trends and innovations in Sri Lanka’s construction and home decor industries on display. With a footfall of over 12,000 attendees, this year marked the 12th consecutive year that Seylan Bank stood as the title partner for the event held at the Bandaranaike Memorial International Conference Hall (BMICH).

 



 

Seylan Bank, renowned for its diverse range of banking products and services, maintained a prominent presence throughout the event. Attendees had the opportunity to explore an extensive portfolio of offerings, including housing and personal loans, leasing facilities, credit cards, current and savings products, and more.

At the heart of Seylan Bank’s participation was its commitment to empowering homeowners. The bank deployed a team of dedicated home loan specialists to provide expert guidance and assistance on securing home financing with competitive interest rates. Through personalised support and proactive communication, customers were guided through the loan application process, ensuring a seamless experience.

Additionally, Seylan Bank introduced Seylan Solar Loans at the expo for the first time since its launch in November 2023. With approximately 35 merchants already onboard, Seylan Bank onboarded new merchants, including Sinhagiri Solar, Elcardo Solar, and CameraLK Solar, at the event. The Seylan Solar Loans initiative aims to address concerns over power consumption and escalating electricity bills. Attendees were offered reduced interest rates to invest in solar energy solutions, aligning with sustainability efforts while realising long-term cost savings.

Reflecting on the enduring partnership, Asiri Abhayaratne, Assistant General Manager, Marketing & Sales, Seylan Bank PLC, stated, “Seylan Bank takes great pride in its longstanding collaboration with the Kedella Construction Expo. Our continued presence underscores our commitment to providing tailored financial solutions that empower individuals and businesses alike, whether it’s fulfilling the dream of homeownership or embracing sustainable energy alternatives.”

The Kedella Construction Expo 2024, organised by Asia Exhibition and Conventions, boasted an extensive showcase of over 200 trade stalls, featuring a diverse range of construction-related products and services. From building materials and home appliances to architectural consultancy and financial solutions, attendees had access to everything required to realise their construction and home decor projects.

 



 


April 18, 2024
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3min

17 April 2024, Colombo: Seylan Cards reaffirms its dedication to empowering customers through education by announcing its partnership with the British Council. Seylan Cards has introduced exclusive 0% instalment plans for 12 months, specifically tailored for IELTS and other educational courses provided by the British Council. This initiative aims to facilitate access to quality education for individuals seeking to enhance their skills and opportunities.

 



 

This initiative underscores Seylan Bank’s dedication to supporting the aspirations of the youth and facilitating access to quality education, Cardholders can now easily convert their payments into manageable interest free instalments by contacting the call centre at 011 200 888. This offer extends to a maximum conversion of Rs. 1 million and is valid for all courses conducted by the British Council until December 31.

Commenting on the collaboration, Ruchith Liyanage, Head of Cards at Seylan Bank, emphasised the bank’s commitment to nurturing the younger generations. “Seylan Cards identifies the heartfelt essentials of the people and caters to them. Through this partnership with the British Council, we aim to support the educational pursuits of our customers and empower them to achieve their dreams.”

Orlando Edwards, Country Director of the British Council, echoed this sentiment, stating, “This partnership makes British Council offerings even more accessible, empowering the youth to chase their dreams and achieve their ambitions. We are excited to collaborate with Seylan Bank in facilitating this opportunity for students in Sri Lanka.”

The British Council Sri Lanka aims to build bridges of trust and understanding among people worldwide. With a comprehensive support system in place, including the Education Agents and Counsellors Hub, the British Council facilitates the growing interest in the UK as a preferred international study destination.

For more information on the 0% instalment plans and course offerings by the British Council, interested individuals are encouraged to contact the Seylan Cards hotline at 011 200 88 88.

 



 


March 7, 2024
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5min

07 March 2024, Colombo: To ease financial pressures on society and champion clean energy practices, Seylan Credit Cards and Hayleys Solar announced the extension of their successful partnership.

The extended collaboration aims to provide customers with Easy Payment Plans when purchasing Solar Power Units from Hayleys Solar, Sri Lanka’s No 01, the largest and most trusted Solar Provider, using Seylan Credit Cards.

Amidst rising electricity costs and a growing demand for sustainable energy solutions, Seylan Bank recognizes the importance of supporting customers in their transition to renewable energy sources. The Easy Payment Plans, available at 0% interest now offer unmatched flexible instalment options for 3, 6, 12, 24, 36, 48, and even 60 months – allowing customers to convert payments of up to Rs. 3 million into a manageable plan.

 



 

Consumers can enjoy an array of potential monthly savings based on chosen system capacity. With a 3kW system, customers can save over Rs. 5,700 monthly. Upgrading to a 5kW single-phase system can bring savings exceeding Rs. 18,700. Opting for the 5kW three-phase version allows a saving of nearly Rs. 15,000 each month. As the system grows, so do savings -a 6kW system translates to monthly savings of over Rs. 25,000, while an 8kW system increases to nearly Rs. 36,000.

Consumers can save upwards of Rs. 50,000 monthly with a 10kW system or exceed Rs. 90,000 with a 15kW system. For larger households and businesses, a 20kW system will translate to monthly savings exceeding Rs. 127,000.

Seylan Credit Cards acknowledges the shift to Solar Power as an essential requirement in the current context. This initiative aligns with the bank’s commitment to identify and cater to the genuine needs of its customers, ensuring a sustainable and cost-effective approach to maintain their living standards.

Ruchith Liyanage, Head of Cards at Seylan Bank, commented on the extended partnership, stating, “We are delighted to continue our collaboration with Hayleys Solar, the leading player in Sri Lanka’s renewable energy sector. This strategic partnership not only reinforces Seylan Credit Cards’ commitment to provide financial assistance but also reflects our responsibility as a corporate that nurtures the environment by promoting renewable energy sources.”

Roshane Perera, Executive Director and CEO of Hayleys Solar expressed, “”As the leading EPC company in Sri Lanka, we are delighted to announce the expansion of our successful partnership with Seylan Bank. Together, we stand at the forefront of driving innovation and sustainability in the energy sector, forging a path towards a future powered by renewable resources. With this collaboration, we look forward to the positive impact our joint efforts will have on creating a greener, more resilient, and thriving tomorrow for generations to come.”

Hayleys Solar has played a pivotal role in the nation’s renewable energy drive, supplying over 150MWp of rooftop solar power. Specialising in end-to-end solar power solutions, the company offers island-wide installation, after-sales services, and maintenance for diverse domestic, SMEs, commercial, and industrial needs. Their solar power grids start at an affordable Rs.540,000.

The extended partnership between Seylan Bank and Hayleys Solar exemplifies the synergy between two corporate entities committed to fostering environmental sustainability. By facilitating the transition to renewable energy, Seylan Credit Cards aims to provide long-term benefits to customers, not only in terms of financial savings but also in contributing to a greener and energy- independent future.

To take advantage of this exclusive offer, customers can reach out to Hayleys Solar via their hotline – 0112 102 102 or drop by at any of their Hayleys Solar Experience Centers located in Matara, Jaffna, Nawala, Kurunegala and Katunayake for an in-person consultation. Interested parties can visit the nearest Seylan Bank branch to learn more about the available attractive solar financing options.

 

 



 


November 16, 2023
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2min

 



 

 

16 October 2023, Colombo: Seylan Bank, The Bank with a Heart, announced the Grand Prize winner of its much-anticipated Ethera Kasi Methera Vasi Season 02 draw. This initiative was launched with the aim of increasing essential inward remittances to Sri Lanka, offering rewarding cash prizes to individuals who sent or received money through Seylan Remittances.

The Grand Prize of Rs. 1 million was awarded to Mrs. Selvarani Sooriyakumar, a resident of Chulipuram, Jaffna. Furthermore, two additional cash prizes of Rs. 250,000 each were awarded under the Receiver Category to Mr. Kathiravelu Rajendran from Neervely and Mr. Matheesan Ukenthiran from Kilinochchi.

Seylan Bank, in collaboration with numerous overseas agents, offers a comprehensive range of remittance services designed to cater to the needs of those living abroad. Senders and Receivers can now enjoy the added benefit of zero transaction fees when choosing Seylan Bank for their remittance needs, underpinned by a swift and efficient service that ensures instant credit of funds.

Seylan Bank remains committed to facilitating the financial well-being of its customers, both within Sri Lanka and across the Globe. With a vision to make banking effortless and inclusive, the bank continues to develop services that serve the diverse needs of its valued customers. To discover more about Seylan Bank’s extensive range of services, or to open a bank account and experience the ease of receiving money, visit the nearest Seylan Bank branch today.

 



 

 


October 16, 2023
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1min

 


 

 

Seylan Bank clinched the prestigious Category Accelerator Award for the second consecutive year at the highly anticipated Daraz Awards Ceremony. This accolade celebrates Seylan Bank’s outstanding contribution as a payment partner, recognized for their invaluable support in Marketing, Strategy, and technical aspects, resulting in remarkable year-on-year growth in Volume and Transactions. The photo captures the moment when Seylan Bank officials graciously accepted this award, further highlighting their commitment to excellence in the financial and e-commerce industry.

 


 

 


October 2, 2023
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3min

 



 

 

Seylan Credit Cards, the Essential Card for Heartfelt Essentials, is thrilled to announce its strategic partnership with Union Assurance, one of the leading Life Insurers in Sri Lanka. This collaboration aims to provide Seylan Credit Cardholders with an innovative and convenient Easy Payment Plan for their Union Assurance Life Insurance Policies, relieving them of the burden of lump-sum payments and providing greater flexibility in managing their finances.

Seylan Credit Cardholders can take advantage of a 0% Interest Instalment Plan for their Life Insurance Policies from Union Assurance extending over a 12-month period. This unique offering empowers individuals to safeguard their future without facing immediate financial strain. Union Assurance offers a comprehensive range of Life Insurance solutions, addressing health, investment, protection, retirement, and education needs of Sri Lankans.

Eugene Seneviratne, Deputy General Manager of Retail Banking at Seylan Bank, said, “We are elated to join hands with Union Assurance to offer our valued Seylan Credit Cardholders a hassle-free way to secure their life insurance payments. With this Easy Payment Plan, we are committed to making life insurance more accessible and manageable for our customers.”

In response to the partnership, Mahen Gunarathna, Chief Marketing Officer from Union Assurance stated, “We are happy to announce our partnership with Seylan Bank to introduce Easy Payment Plans for Bank cardholders. At Union Assurance, we understand that everyone is facing challenging times, and through this collaboration, we aim to provide a practical solution that allows individuals and families to safeguard their future and stay financially protected without undue stress. We believe in standing together with our community, and this partnership reaffirms our dedication to enriching financial well-being for all.

To convert Insurance Payments into an Easy Payment Plan, Cardholders need to call the Seylan Bank hotline at 011-2008888 within 7 working days of their payment. The transaction limits for such conversions are set at a minimum of Rs. 10,000 and a maximum of Rs. 1 million.

This offer is valid until 31 December 2023. To learn more or to obtain the Essential Card for all of life’s Heartfelt Essentials, interested individuals may call the Seylan Cards hotline at 011-200 88 88.

 



 

 


June 20, 2023
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3min

 


 

 

20 June 2023, Colombo: With a comprehensive understanding of the essential financial services that support the growth and development of Sri Lanka’s businesses, the Bank with a Heart’s Business Banking Solutions are poised to offer the enabling environment needed for enterprises to prosper. Backed by a strong commitment to supporting the local economy and fostering entrepreneurial success, Seylan Bank aims to be the preferred banking partner for businesses across the country.

In today’s dynamic business landscape, Seylan Bank recognizes that businesses have unique financial needs. To address these requirements, Seylan Bank Business Banking Solutions offers a specialised product suite designed to seamlessly integrate into the operations of contemporary Sri Lankan enterprises. Whether businesses are operating locally or expanding globally, the scalable value additions offered by Seylan Bank cater to enterprises of all sizes.

The comprehensive range of solutions provided by Seylan Bank is tailored to meet the specific challenges and demands faced by local businesses, from startups and small enterprises to large corporations. In addition to Dedicated Account Relationship Managers, complimentary branded cheque books, and waivers on cheque return and issuance charges, business customers can also benefit from integrated bundle offers. These bundles encompass services such as Seylan Pay Direct – enabling organisations to initiate salary, IRD, Port Authority, Sri Lanka Customs and online EPF/ETF payments, Seylan Merchant Portal – online platform for business to accept online payments, Seylan Pay, Internet Payment Gateways, SME Loans, and many more.

As Sri Lanka embraces an entrepreneurial spirit and witnesses a surge in business opportunities, Seylan Bank acknowledges the pivotal role played by businesses in driving the country’s economic development while positively impacting the lives of its citizens. Seylan Bank is fully committed to supporting businesses at every scale through simplified solutions, empowering them to achieve new heights of success and create a meaningful societal impact.

Businesses eager to harness the growth potential provided by Seylan Business Banking Solutions are encouraged to call the hotline at 011-200 88 88 for further details or visit the nearest Seylan Bank branch.

 


 

 


February 20, 2023
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2min

 



 

 

Representing its latest effort in assisting the nation to overcome the ongoing power crisis and high cost of living, Seylan Cards, the essential card for heartfelt essentials, has partnered with several reputed Solar Merchants to provide cardholders with a simplified financial solution of 0% Easy Payment Plans for purchases of solar units.

Together with partnering merchants such as Ceylon Super Power Solution, Easy Link, Green Engineering Systems, Hayleys Fentons, Sun Solar Lanka and United Solar Electrical, Seylan Cards is at the forefront of empowering Sri Lankans to switch to solar power as an essential requirement for a greener future.

The 0% Easy Payment Plan options are available for 3, 6, 12, 24 and 48 month tenors, depending on the customer’s choice of merchant. With the availability of the call and convert option, money-wise smart customers can call 011 200 8888 within 7 working days to switch to the Easy Payment Plan. Transaction limits have been set at a minimum of Rs.10,000 and a maximum value of Rs.1 million.

In addition to supporting Sri Lanka in moving away from the use of non renewable fossil fuels for energy, these Easy Payment Plans allow customers to make use of this opportunity to install Solar Power systems for domestic or commercial use with significant financial relief. All Seylan Cardholders who seek to make the switch to Solar Energy are encouraged to make use of these Easy Payment Plan offers, which will be available until the end of 2023.

 



 

 


February 14, 2023
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3min

 



 

 

13 February 2023, Colombo: Representing its latest effort to provide the best value for all its valued cardholders, Seylan Cards, the Essential Card for Heartfelt Essentials has collaborated with Daraz.lk to offer exciting site-wide discounts.

Seylan Cardholders who shop on Daraz.lk with their Seylan Card will be able to avail a 10% discount across the entire site, every Friday. Customers will receive a maximum discount of Rs. 1,000 across two valid transactions per card. This offer has been extended to both Seylan Credit and Debit cardholders.

In addition to the applicable discount, customers may also convert their purchases into 12 or 24 month 0% Easy Payment Plans. Transaction limits have been set at a minimum of Rs. 10,000 and a maximum of Rs. 1 million for such conversions. In order to convert a purchase into an Easy Payment Plan, customers should call the Seylan Bank hotline on 011 200 8888 within 07 days of their purchase.

This heartfelt offer from Seylan Cards is yet another collaboration with Daraz.lk, the premium online shopping site in Sri Lanka. The site offers a gamut of products to choose from, making it the convenient choice for online shopping. Seylan Cards encourages its cardholders to make the switch to online shopping through offers such as this, so that its valued cardholders can save more time and money and enjoy the simplified solutions.

It is expected that Seylan Cards and Daraz.lk will come up with many more seasonal and other exciting offers as the calendar progresses, all towards the goal of providing their customers with unmatched savings and discounts when purchasing their heartfelt essentials.

 

 

 



 

 


January 30, 2023
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3min



 

27th January,2023, Colombo: At a Grand Draw held at Seylan Towers, recently. Seylan Cards announced the winner of its recent exclusive promotion which was open for all Seylan World Mastercard Cardholders.

The winning name of Mr. S Thillainathen was drawn via an automated system, in the presence of Representatives of Western Province Department of Revenue, leading to the loyal Seylan World Mastercard Cardholder walking away with an exquisite Omega timepiece valued at over Rs. 2 million. The winner received the prize amidst the presence of Seylan Bank Officials.

Omega is a Swiss watch brand synonymous with excellence, innovation and precision, backed by a brand history dedicated to achieving perfection. Now the proud owner of a timepiece that can be passed down for generations, Mr. Thillainathen represents the discerning tastes of all Seylan World Mastercard Cardholders.

Positioning itself as the Essential Card for Heartfelt Essentials this season, Seylan Cards ran this promotion in an effort to reward its Seylan World Mastercard Card holders, aptly timing the same as cardholders tick off their Christmas shopping lists. In order to stand a chance to win, cardholders had to spend a cumulative total of Rs. 1 million during the period running from the 25th of October to the 15th of December 2022.

As the essential card for essential needs, several merchants offer Seylan Cardholders special discounts and easy payment facilities with 0% interest. Anyone interested in obtaining a Seylan Card is encouraged to call the hotline on 011 2008 888.

 



 



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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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