Fintrex Finance Limited recently introduced its fixed deposit product to the public.
In its initiative to expand its product portfolio, Fintrex Finance aims to play a significant role in supporting businesses and communities by giving them access to economically beneficial financial products and services.
In the backdrop of a strained economic climate brought on by the global pandemic, Fintrex Head of Deposits Nuwan Fernando explained that this product, which is accompanied by a competitive and yet a very favourable rate of interest, intends providing people with a higher return incentive for their savings especially during the challenging times.
With the intention of providing unparalleled financial solutions and staying accessible to all those looking for a means to grow and develop their business or their personal financial wealth, Fintrex has been able to capture a sizeable market share since the inception in 2007. Instrumental in its launch, Fernando had this to say. “Our fixed deposit product ‘Vishwasa’, licensed by the Monetary Board of the Central Bank of Sri Lanka, translates into a definition of trust, a value that we consistently aim to build into our customer relationships. A key objective of the company is to be a preferred financial services provider and with Vishawasa being part of our diverse product portfolio, we are confident of our journey towards accomplishing this.”
Fernando joins Fintrex with many years of experience in the area of liability management and is a key asset and strength to the company.
Inheriting a strong balance sheet from Melsta Regal Finance Limited, Fintrex Finance provides leasing facilities to support the purchase of registered, unregistered and brand-new motor vehicles, loans of short and long-term tenures, trade financing product options and ancillary services to support working capital requirements of businesses. Personal savings schemes are also available in the form of savings accounts at attractive rates of interest for minors up to senior citizen categories.
Fintrex Chief Operating Officer Sajeewa Sapukotana explained that a competitive advantage of the company lies in its unique level of service, which helps retain its customers, coupled with an experienced directorate and corporate management team, who bring many years of business experience and commercial acumen from within the financial services industry. The company’s ability to forge ahead during this challenging period in business has been the result of a shared vision of every member of the Fintrex team.