People’s Bank Self-Banking Units facilitate over LKR 7 trillion worth transactions

People’s Bank recently announced that it had facilitated over 8 million transactions worth over Rs. 7.6 trillion during this year’s Sinhala and Tamil New Year festivity period from April 1 to 15, through its island-wide network of self-service automated machines, a press release said.

‘People’s Bank is committed to offering an unparalleled level of convenience and flexibility to customers via its Self Banking Units network across the country which is further complemented by its range of seamless digital banking services. The bank’s digital banking apps People’s Wave, People’s Wyn and People’s Pay have transformed the digital banking landscape in Sri Lanka. People’s Wave, the country’s most downloaded banking app with over 1.6 million active users provides digital access to 50 different types of financial transactions, the release adds.

‘Established under the People’s Bank Act No 29 of 1961, People’s Bank is the country’s second-largest financial services provider with close to LKR 3.0 trillion in consolidated assets. At present, the Bank has 743 branches and service centres located islandwide and over 14.7 million customers. People’s Bank has 290 SBUs comprised of ATMs, CDMs and CRM, allowing customers to bank at their convenience 24/7, 365 days a year. The Banker Magazine (UK), identified People’s Bank as among the Top 1000 Banks in the World in terms of Consolidated Tier I.’