People’s Bank facilitates over 17 m transactions worth over Rs. 568 b in Avurudu Season

People’s Bank announced yesterday that it facilitated over 17 million transactions valued at over Rs. 568 billion during the Avurudu season between 1 to 15 April highlighting its pivotal role in the daily financial activities of the country.

Leveraging its extensive network, including 747 branches and service centres, the massively popular digital banking platforms and over 1,150 ATMs, CDMs, and CRMs, People’s Bank has successfully delivered unmatched convenience and accessibility to its customers. This vast infrastructure underscores the bank’s commitment to enhancing customer experience and expanding its reach across the island.

The bank’s innovative digital platforms, including People’s Wave, People’s Wyn, and People’s Pay, have set new standards in the digital banking sector in Sri Lanka. People’s Wave, the most downloaded banking app in the country, boasts over 2 million active users and offers digital access to more than 50 different types of financial transactions.

As the country’s second-largest financial services provider with nearly Rs. 3 trillion in consolidated assets, People’s Bank continues to strengthen its market position. Currently, it serves the largest customer base in the country, with more than 14.7 million customers.

“People’s Bank is dedicated to pushing the boundaries of digital banking to provide seamless and efficient services to benefit the entire society rather than selected few customer segments,” said People’s Bank Deputy General Manager – Channel Management Naleen Pathiranage. “Our robust performance during the Avurudu season is a testament to the trust placed in our capacity and reliability by millions of Sri Lankans.”

Source : DailyFT

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