Pan Asia Bank salutes government pensioners | Sunday Observer

Pan Asia Bank salutes government pensioners

CEO Nimal Tillekeratne
CEO Nimal Tillekeratne

Pan Asia Bank recently conducted the Pan Asia Bank Sammana Carnival, Garu Saru, a first of its kind in the industry for its loyal customer base of government pensioners.

Over 600 pensioners participated in this event, which was held recently at the Galle Fort Lawyers’ car park, organised with the involvement of the bank’s branches in Galle, Matara, Akuressa, Ambalangoda, Hikkaduwa and Weligama. Pan Asia Bank was the first bank in Sri Lanka’s banking industry to introduce a special loan scheme – Sammana - for pensioners six years ago.

The Sammana Pension Loan Scheme enables a pensioner to divert his/her pension to Pan Asia Bank and obtain a loan of upto Rs. 4 million, without need for guarantors thus empowering pensioners with new hope and dignity. In an era where retirees were largely being considered as a liability by the society and overlooked by the financial sector, Pan Asia Bank came forward to offer Sammana loan scheme as a part of its endeavor to offer innovative financial products and also to cater to social segments that could contribute positively towards the country’s economic development.

Pan Asia Bank also launched the ‘Sammana’ loyalty debit card for pensioners. The new ‘Sammana’ loyalty debit card rewards pensioners with attractive discounts and promotions from Sri Lanka’s leading corporates.

The chief guest on the occasion was Director, General Pensions, Jagath Dias. Additional Director General of Pensions, K R Padmapriya; Galle Mayor Priyantha G. Sahabandu; Galle Deputy Mayor Faus Niyas; Galle District Secretary, Somarathna Vidanapathirana; Commodore 14th Gemunu regiment, Major S. Hettiarachchi; CEO of Pan Asia Bank, Nimal Tillekeratne and senior management of the bank.