Early Bird

State run Bank of Ceylon is coming up with a 14+ savings account targeting the growing 14 to 18 year labour market and student population. State run Bank of Ceylon is coming up with a 14+ savings account targeting the growing 14 to 18 year labour market and student population. Kicking off in August, the account will allow deposits, withdrawals and gives a VISA debit card and automated teller machine (ATM) card.

Bank of Ceylon Additional General Manager Marketing and Business Development Nimal Pieris estimates that some 50,000 -14 to 18 year olds are employed in the formal and informal sectors.

Bank
of Ceylon is pitching for a Rs. 2 billion after tax profit for the
current financial year, with officials confirming that first six months
results were in line with projections.

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