Business and Economics
The People’s Bank Team-C was crowned champions at the annual Trade Finance Association of Bankers Quiz Competition-2023 (TFAB Quiz) held at Marino Beach Hotel recently.
The People’s Bank Team-C, having battled it out over 26 Quiz Teams from all leading Banks in the country and emerged victorious whilst HNB Team-B and Seylan Bank Team-A were placed second and third respectively.
The Trade Finance Association of Bankers Quiz Competition is organized by the Trade Finance Association of Bankers. The winning team from People’s Bank was represented by Pulasthi Gunasekara Team Leader, Charith Malalasekara, Upeksha Vidanapathirana , Kalhari Wijesekara and Princy Antony.
Anchor Newdale, a flagship brand of Fonterra Brands Lanka, known for its innovative spirit, has done it once again. Introducing Anchor Newdale Shake Shake, an innovative dairy treat that transforms the way young yoghurt lovers enjoy their daily dose of yoghurt. Shake Shake is a delightful 2-in-1 experience, offering a unique twist on traditional yoghurt treats, because now you can choose whether to eat it or drink it!
This innovative product is a first for Sri Lanka, and possible globally, breaking away from the ordinary everyday yoghurt experience. Designed with young yoghurt lovers in mind, Anchor Newdale Shake Shake promises to reignite excitement among Sri Lanka’s young yoghurt lovers, packing a punch of good nutrition in a tasty treat. Proudly made from locally-sourced fresh milk, its novelty can be enjoyed by teens and adults too.
Sri Lanka’s most technologically innovative bank, HNB PLC, partnered with LinearSix Pvt Ltd. to introduce ‘Lime’ – a revolutionary fin-tech solution that will radically streamline customer onboarding and Know Your Customer (KYC) processes. The landmark integration of 'Lime' was commemorated at a special ceremony attended by top officials from both organisations, including HNB Managing Director/CEO, Jonathan Alles, and LinearSix CEO, Mario Gooneratne, with the system going live on 1st November 2023.
“HNB has been among Sri Lanka’s most aggressive banks on digital transformation. We have steadily digitalised all back-end processes and established centres of excellence to centralise these back-end processes. We are constantly striving to unlock new ways of enhancing our overall customer experience. This includes a constant focus on cutting down on wait time from a simple transaction or the opening of new accounts, to investments. With the adaptation of Lime, the overall customer journey can now be accomplished in a fraction of the time, ensuring unmatched speed and convenience. This in turn helps us to continue fulfilling HNB’s promise of being a joy to bank with,” HNB Managing Director/CEO, Jonathan Alles stated.
Typically, customer onboarding for the opening of new accounts and other services tends to be a time-consuming process for all banks. Historically, this has been a significant challenge given the amount of information required from customers, as well as the stringent regulatory and due diligence requirements required from banks. “Lime was developed to offer a superior user onboarding process. Its intelligent user interface approach has greatly reduced the time and effort required in onboarding and other areas by dramatically reducing the turnaround time to under five minutes for opening an account,” LinearSix CEO, Mario Gooneratne said.
According to HNB Chief Information Officer, Druvi Vaidyakularatne, the integration of Lime promises to be a game-changer.
