People’s Bank expands quick digital loan processing facility to 300 branches

People’s Bank further expanded its digital loan processing enabled branch network to 300 by implementing its People’s Wiz Retail Loan Origination System (RLOS) in Gandara.

People’s Wiz (RLOS) enables customers to obtain a personal loan conveniently within just 24 hours with minimal documentation. Prior to its implementation, the personal loan granting process was a 15-step procedure which used to take several days.

People’s Bank remains focused on offering customers an enhanced banking experience using digital banking technology, keeping in line with modern banking practices. The Bank has introduced several digital banking initiatives, namely the Express Banking facility, People’s Wave app, Retail Internet banking facility, Corporate Internet Banking (CIB) web app, People’s Wyn mobile app, RLOS (Repay Loan Origination System), CLOS (Corporate Loan Origination System) and the People’s Pay app. All the bank’s digitalization projects ensure maximum security and convenience for customers.

People’s Bank Chairman Sujeewa Rajapakse, Chief Executive Officer/General Manager Ranjith Kodituwakku, Senior Deputy General Manager (Payment and Digital) K.B.Rajapakse, Deputy General Manager (Channel Management) Mahinda Premanath, Head of Marketing Nalaka Wijayawardana, Chief Digital Officer Mangala Kariyawasam, Matara Regional Manager I.K Indika, Asst. Regional Managers W.K.S Kumarasinghe, T.S Nammuniarachchi and Gandara Branch Manager D.C Mallikarachchi along with Bank Staff, and customers also participated in the event.