ReleaseWire Connect

Seylan Bank, a frontrunner in providing convenient customer focused products, has launched a fast-track programme for their personal loans due to the increased popularity and overwhelming response from the recipients. The product has attracted many segments in the market and the bank is all set to cater to a much larger audience in the market. The loan can be obtained for multiple purposes such as education, purchase of a vehicle, marriage expense, travel, medical expense, working capital etc. The bank offers a hassle free, convenient application process where applicants can obtain their loans within 48 hours provided they have all the required documents.

Seylan Bank, 'the bank with a heart', identified as one of the six systemically important banks in Sri Lanka by the Central Bank of Sri Lanka believes their best brand ambassadors are their customers. Perceived as a friendly and caring bank, Seylan saw further expansion as a whole in 2015. The branch network grew up to 159 branches and the ATM network more than 180, exclusive of its student saving centers, island wide. The bank's SME, minor savings, retail, corporate and credit card clientele had grown significantly during this year. The bank has fared very well due to the collective efforts of its employees who have stepped up to ensure enhanced performance, across all aspects of banking.

Seylan Bank recorded an impressive performance with Profit before Income Tax reaching Rs 4,062 Million for the 9 months ended 30th September 2015. Profits after Tax reached a record Rs 2,730 Million a 21% increase compared to the Rs 2,253 Million reported in the corresponding 9 month period.