People’s Bank’s quick digital loan processing facility expanded to 200 branches

People’s Bank Chairman Sujeewa Rajapakse presents loan confirmation letter to customer

People’s Bank, the pioneer in Sri Lanka’s digital banking sphere, reached yet another milestone when launched its 200th People’s Wiz credit facility-enabled branch in Athurugiriya, on December 27, 2021.

People’s Wiz retail loan originating system (RLOS) is one of the bank’s key innovative digital banking projects, which enables the bank to disburse personal loans within 24 hours, with minimal documentation. Prior to its implementation, personal loan granting process was a 15-step procedure, which used to take as long as a month. 

People’s Bank has always focused on offering a high-quality customer experience using digital banking technology, keeping in line with modern banking practices. Also, the bank’s digitisation projects were executed ensuring the maximum security and convenience for customer transactions.

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, Colombo Outer Regional Manager Lal Peiris, Chief Manager Nalika Liyanage, Assistant Regional Managers N. Arohana, Sudarma Subashini, M. Suriyapperuma and Branch Manager A.G. Manori along with the bank staff and customers also participated in the event.