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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

People’s Bank Celebrates 78 Years of Independence by Offering Gifts to Newborns

February 5, 2026
in Business
Reading Time: 8 mins read
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People’s Bank Celebrates 78 Years of Independence by Offering Gifts to Newborns
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People’s Bank Celebrated Sri Lanka’s 78th National Independence Day with a modest ceremony held at its ‘People’s Tower’ Head Office, Colombo 02, under the patronage of People’s Bank Chairman, Prof. Narada Fernando, and Chief Executive Officer/General Manager, Clive Fonseka.

People’s Bank’s ‘Birth of Freedom’ programme, which commences every Independence Day, was carried out this year as well. Under this initiative, People’s Bank gifts a Rs. 2,000/- ‘Isuru Udana’ Gift Certificate to every baby born between the 1st and 14th of February.

People’s Bank introduced the Isuru Udana Account in 1998 and launched this programme in 2006 with the vision of instilling national pride and encouraging parents to plan for their children’s future. Parents or guardians can open an ‘Isuru Udana’ Children’s Savings Account at any People’s Bank branch using the gift certificate along with the child’s birth certificate. A unique aspect of this programme is that People’s Bank staff personally visit hospitals to present the certificates to newborns.

People’s Bank Chairman, Prof. Narada Fernando, symbolically presented ‘Isuru Udana’ gift vouchers and other gifts at the Castle Street Hospital for Women and the De Soysa Hospital for Women in Borella.

The Director of the Castle Street Hospital for Women and De Soysa Hospital for Women in Borella, Dr. Ajith Danthanarayana, along with hospital staff, corporate and executive management of People’s Bank, and staff members from the Colombo North and South Regions, were also present at the event.

In line with this initiative, all People’s Bank branches across the country launched ‘Birth of Freedom’ activities island-wide.

Photo Caption: People’s Bank Chairman, Prof. Narada Fernando, presents a gift to newborn babies at Castle Street Hospital and De Soysa Hospital for Women in Borella. Also in the picture are the hospital’s Director, Dr. Ajith Danthanarayana, People’s Bank CEO/GM, Clive Fonseka, DGM (Channel Management), Naleen Pathiranage, and DGM (Retail Banking & Overseas Customer Services), Aruni Liyanagunawardana.

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