Business News from Sri Lanka: Strengthening the partnership between two of the country’s major local corporations, Cargills Bank and Janashakthi Insurance PLC (Janashakthi Life) announced the launch of their new co-branded credit card devoted to providing superior value to clients of Janashakthi Life insurance.
This co-branded credit card will be produced accessible to current or new clients of Janashakthi Life with a monthly premium value of Rs. 10,000 or higher and a loan limit up to Rs. 500,000 may be used. This also allows clients to appreciate the many advantages and discounts provided to loan cardholders from Cargills Bank. Commenting on the recent offer of this distinctive partnership, Janashakthi Insurance PLC’s Director and Chief Executive Officer, Jude Fernando said, “With our clients ‘ changing life, it is essential to innovate methods to interact with our clients that generate meaningful commitment as a trusted partner and service provider. By providing them advantages that would enhance their quality of life, we want to add value to our faithful clients.
We are pleased to discover a like-minded partner at Janashakthi Life at Cargills Bank who understands this and is dedicated to offering better service and alternatives to our collective client base every day. CEO and Chief Executive Officer of Cargills Bank, Rajendra Theagarajah added, “As part of our development policy in the card company, we are pleased to partner with Janashakthi Life. This solution will allow Janashakthi Life insurance clients to make use of a multitude of expanded services with Cargills Group and many more Cargills Bank-related partner dealers. We will continue to leverage our synergies and rely on this fresh initiative to add significant value to our clients throughout the nation. This recent undertaking is an expansion of the collaboration between the two companies established last year as they provided a cash management solution that allows Janashakthi Life clients to pay their premiums via the Cargills network. This partnership involves all branches of Cargills Bank and the island’s broad network of more than 380 Cargills Food City stores, providing superior comfort to Janashakthi clients.
