LB Finance deposit base Rs. 6 billion
Chairman LB Finance B.M.Amerasekera |
LB Finance recorded a phenomenal over 50 per cent growth at the end
of 2007 with its deposit base crossing the Rs. 6 billion mark.
The company's deposit base of Rs. 4 bn as at December 30, 2006, is
reported to have increased to Rs. 6.3 bn, as at December 31, 2007.
Its resounding success and continuing confidence among investors
attributed to its competitive rates of interest and excellence in
service.
"The significant increase in deposits during the concluded year
highlights the trust and confidence placed in us," a spokesman for the
company said.
Our depositor base is over 10,000, and we are committed to rewarding
their trust and loyalty, continuously value-adding to our product
portfolio to ensure an exceptional service.
"The strength of our staff; a team of handpicked industry veterans,
has also contributed in helping us maintain and augment superiority in
fixed deposits," he said. |