‘People’s Tower’, the new head office building of People’s Bank, was ceremonially declared open on 7 October at No. 374, Dr. Colvin R. de Silva Mawatha, Colombo 2, under the patronage of the Governor of the Central Bank of Sri Lanka, Dr. P. Nandalal Weerasinghe, and the Secretary to the Treasury and Ministry of Finance, Planning and Economic Development, Dr. Harshana Suriyapperuma.
For over sixty-four years, People’s Bank has been deeply committed to the development of the nation by providing financial facilities to the public and making an unparalleled contribution to the country’s social and economic progress. The unveiling of this new head office marks a significant milestone in the history of banking and finance in Sri Lanka. It symbolises not only the Bank’s growth but also the wider economic advancement of the nation, while serving as a strong foundation for the further expansion of the Bank’s services to the country and its people.
The new head office building comprises 22 floors and three basement levels, constructed entirely in accordance with the Green Building concept, in line with People’s Bank’s environmental sustainability policy. It houses a fully equipped auditorium, documentation unit, modern cafeteria, medical centre, multiple conference rooms, and many other specialized facilities.
The premises also include the People’s Bank Staff Training College, while the Union Place Branch has also been established within the building to provide customers with advanced digital banking facilities.
A special commemorative cover and stamp issued by the Department of Posts to mark the opening of People’s Bank’s new head office were launched at the event.
The previous head office of People’s Bank, located at Sir Chittampalam A. Gardiner Mawatha, Colombo 2, was inaugurated in 1977. This brand-new head office, opened decades later, reflects the strength, innovation, efficiency, and pride of People’s Bank as a state-owned financial institution and a national asset.
The ceremonial opening was attended by People’s Bank Chairman Prof. Narada Fernando, members of the Board of Directors, Chief Executive Officer/General Manager Clive Fonseka, along with the Corporate and Executive Management team, special invitees, customers, and staff.
Established on 1 July 1961, People’s Bank has grown into one of Sri Lanka’s foremost financial institutions, with assets exceeding Rs. 3.7 trillion. The Bank operates over 750 branches across the country, employing more than 8,000 staff, and serving a customer base of 15.2 million – the largest of any commercial bank in the nation.
A pioneer in digital banking in Sri Lanka, People’s Bank currently serves over 3.5 million digital customers. As a responsible state-owned bank, it continues to provide essential financial services while making a significant contribution to the socio-economic development of the country. The Bank plays a vital role across multiple sectors, including exports, education, healthcare, highways, infrastructure, tourism, and more.
