People’s Bank celebrates International Day of Banks

The International Day of Banks is a global observance that recognizes the pivotal role of banks in our daily lives. Held annually, this day serves as a tribute to the institutions that form the backbone of our financial systems. It highlights the significance of banks in facilitating economic growth, fostering savings, and providing essential financial services to individuals and businesses worldwide.

With a vast customer base of over 14.7 million and consolidated assets exceeding Rs.3 Trillion, People’s Bank has been a pioneer in democratizing banking across Sri Lanka. Embracing progress, the bank extends cutting-edge digital services even to the remotest corners.

Over the years, People’s Bank has played a pivotal role in the nation’s socio-economic development, earning the title of the nation’s pride. With 747 outlets nationwide, the bank caters comprehensively to individuals and SMEs. Their commitment is further exemplified by support to the government in financing developmental projects and international trade.

During the pandemic, People’s Bank, through its Mahajana Mehwara CSR program, financed vital medical equipment, valued at over Rs.20 million, for key government hospitals treating COVID-19 patients. The bank’s commitment to community service includes donations to Lady Ridgeway and Castle Hospitals, exceeding Rs10 million, and providing solar-powered electricity systems to underprivileged schools.Established in 1961 under Act No. 29, People’s Bank aimed to uplift cooperative business and rural banking. Breaking linguistic barriers, the bank, initiated operations in Sinhala and Tamil, making banking accessible to all.