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Vallibel Finance arrives in Kurunegala

Vallibel Finance, added the ancient rock capital to its network of islandwide branches in a recent development. The new Vallibel Finance branch in bustling Kurunegala is the company’s latest expansionary venture, arriving on the back of noteworthy performance through the year.

“We are pleased to be making an entrance in to such a thriving business community,” said, Managing Director of the youngest arm of the Vallibel group, Jayantha Rangamuwa.” We hope to increase our trusting base of investors through the move while also enhancing the access current investors have to our quality services and personalized customer care” he said.

Growing substantially since its acquisition by the group, Vallibel Finance announced healthy financials at the end of the 1H of FY 2012. Total assets stood at Rs. 5.4 billion as at end-September 2011, while Pre Tax Profits recorded Rs. 196 million.

Through rigorous lending practices and steady bad debt recoveries the company has succeeded in maintaining a Non-Performing Loan (NPL) of 1.07% over the first half of the New Year.

The financial prong of the Vallibel Group, Vallibel Finance continues to draw strength from its well-established parent.

Backed by the Vallibel name, the product portfolio consisting primarily of leasing, hire purchase, fixed deposit, gold loans, business and personal loans has carved out a name for itself for quality and efficacy. Extending these services throughout the country the young financial powerhouse pursues an aggressive expansion strategy with Kiribathgoda, Matara and Kurunegala listing among the latest additions to its sprawling network.

“Kurunegala represents another new beginning for Vallibel Finance,” said Rangamuwa.

“As 2011 draws to a close, Vallibel Finance can proudly speak of a year of successful operational changes and sustained expansion,” he said.

Munchee launches Crevo Savoury Biscuits

Munchee recently launched Crevo Savoury Biscuits as the newst addition to its savoury range specially for the season. Munchee Crevo Biscuits are light,tasty and just the right size and could be served on their own or with a dip or topping.

Here Ceylon Biscuits Limited (CBL) Dy. Chairman Ramya Wickramasingha handing over the first sale of Munchee Crevo Savoury Biscuits to Tissa Fernando (right), proprietor of Mahesha Trading, the Munchee Distributor in Ratnapura. Group General Manager Sales I M Khan and Field Sales Manager-South A Upul Perera look on.

2012 ‘Family Savari’:

Ceylinco Life picks 100 more winners

With just days to go for the close of the eligibility period for the fifth Ceylinco Life ‘Family Savari,’ Life insurance leader Ceylinco Life has identified another 100 people who have won tours to Singapore and an outing at Leisure World.

In previous monthly draws conducted by the company for the mega promotion, 300 winners from 75 policyholder families were chosen for these prizes.

In all, 2,260 people from 565 policyholder families will participate in the 5th Ceylinco Life ‘Family Savari’ comprising tours to China, Singapore and Leisure World which are scheduled to take place between March and May 2012.

The fourth and final monthly draw conducted in December is to be followed by a ‘grand draw’ in January 2012 for which potential policyholders of Ceylinco Life may still enter by obtaining a policy before December 31, 2011, the company said.

At this grand draw, Ceylinco Life will choose 60 ‘super grade’ winners from 15 policyholder families for an all-expenses paid holiday in Beijing and another 120 winners from 30 policyholder families for a holiday in Singapore. A further 1,680 people from 420 policyholder families will be chosen at draws conducted at branch level, for a visit to Leisure World with transport and meals.

All active Ceylinco Life policyholders as well as holders of Ceylinco Life Retirement Accounts (CRAs) can earn multiple winning chances at the grand draw.

Since 2007, Ceylinco Life has rewarded more than 9,200 policyholders and their family members with the Family Savari experience, including luxury ocean cruises and holidays in Singapore, helicopter rides, cruises off Colombo on the ‘Jetliner’ and visits to Leisure World.

Prima Kottumee Hot & Spicy Calendar 2012:

Celebrating the joy of youth

Prima Kottumee is a brand that represents the vibrancy and the energy of youth. For the third consecutive year, Prima Kottumee produced a unique calendar for 2012. The Prima Kottumee Calendar was recently launched with a fashion show at the Stable, Park Street Mews.

Youth have innate dreams and desires to walk the ramps of fashion shows and showcase their talents. And Prima Kottumee provides them with such a platform to follow their dreams of delving into show business and modeling. More importantly, the 2012 calendar has become the appropriate canvas to showcase the beautiful country and its beautiful people. Renowned photographer Lakshmanan Nadaraja photographed the models using Bentota beach, Bandaragama Uyanwatte Lake and Beira Lake as the scenic backdrop for the calendar.

This year, an extensive ‘Model Hunt’ was conducted through television, radio, newspapers, and web via e-mail and Facebook, to choose 24 stunning female and male models. This search resulted in receiving a huge response from the youth and it is imperative to mention that a majority of these applications were received via digital mediums.

Through a stringent screening process 250 potential candidates were shortlisted. Subsequently 24 candidates with the most potential were selected to be featured in the 2012 calendar by former Miss World for Miss Universe 2005, contestant Ms. Rozanne Diasz. The selected models were trained by Diasz for their first fashion show which was held on the day of the calendar launch.

Prima Kottumee, which identifies with the youth and their aspirations, awarded the 24 selected models with a modeling scholarship at Zaid images, the modeling academy of Rozanne Diasz. Some of the models who participated in the fashion show last year, have today become popular models in Sri Lanka.