People’s Bank and Toyota Lanka (Pvt) Limited exchanging the MOU

People’s Bank has entered into a strategic alliance with Toyota Lanka (Private) Limited to provide Corporate Solutions.The tie-up will help to leverage People's Bank's state-of-the-art Corporate Digital Solutions to fulfill local and international financial requirements of Toyota Lanka.

An agreement announcing the strategic alliance was exchanged by Sujeewa Rajapakse - Chairman of People's Bank and Manohara Atukorala - Managing Director/ Chief Executive Officer of Toyota Lanka at the People’s Bank Head Office in Colombo 02 recently. Toyota Lanka is the Sole Authorized Distributor for Toyota & HINO vehicles in Sri Lanka and a      fully-owned subsidiary of Toyota Tsusho Corporation (TTC), Japan and therefore a global member of the prestigious Toyota Group Japan. M.A. Boniface Silva - Acting Chief Executive Officer/ General Manager of People’s Bank, Gayan Karunarathne - Senior General Manager-Finance, Administration & ICT - Toyota Lanka, Damitha Gunaratne – Senior Unit Head - Finance, Chathura Dharmasiri – Deputy Manager – Marketing, Niroshan Rajapaksha – In-Charge Treasury & Banking, Lionel Galagedara, Deputy General Manager (Channel Management) of People’s Bank, A.U.L.A Anzar - Assistant General Manager (Marketing) and Shyana Jumat - Manager – People’s Elegance Branch were present at the event.

People's Bank has opened an ATM at the Toyota Lanka Head Office in Wattala to create convenience for customers and employees of Toyota Lanka. In addition to the standard features, the state-of-the-art ATM offers cardless cash transactions and withdrawals, modified to better suit customer needs. Through this strong partnership, customers and staff of both organizations will be mutually benefited enjoying attractive product and service offerings. 

Expressing his opinion on the strategic alliance, Sujeewa Rajapakse - Chairman of People's Bank stated, “We are pleased to offer People's Bank state-of-the-art banking solutions to Toyota Lanka employees and dealers. This strategic partnership will help transform the way all of them carry out their banking by bringing a wide range of fast, hassle-free digital banking services right to their doorstep.”

Manohara Atukorala, Managing Director/ Chief Executive Officer, Toyota Lanka stated “Today we marked another milestone in our corporate relationship. I hope this strong bond with the largest bank with widespread branch network in the country, will bring us great opportunities to enhance our business digitally and reach more customers through People’s Bank’s strong island-wide branch network and employee base”