People's Bank (Sri Lanka)
People's Bank logo since 2017 | |
| Company type | Government-owned corporation |
|---|---|
| Industry | Finance |
| Founded | 1961 |
| Headquarters | No. 75, Sir Chittampalam A. Gardiner Mawatha, Colombo, Sri Lanka |
Number of locations | 747 branches (2024) |
Area served | Sri Lanka |
Key people | |
| Products | Banking, financial and related services |
| Revenue | Rs 235.529 billion (US$ 1.016 billion) (2020) |
| Rs 25.078 billion (US$ 381.634 million) (2020) | |
| Rs 13.565 billion (US$ 75.432 million) (2020) | |
| Total assets | Rs 2,400.567 billion (US$ 11.867 billion) (2020) |
| Total equity | Rs 139.111 billion (US$ 542.706 million) (2020) |
Number of employees | 7,692 (2020) |
| Parent | Ministry of Finance |
| Subsidiaries |
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| Website | www |
People's Bank is a state-owned commercial bank in Sri Lanka. The second largest commercial bank in Sri Lanka. Established on 1 July 1961, it has its head-offices at Sir Chittampalam A. Gardiner Street in Colombo. The bank offer both retail and corporate banking services, with a network of 739 local branches, service centers and has an asset base of LKR 1.873 trillion (2019) with over 14 million customers. (70% local customers) People's Bank received a high national long-Term Rating of AA+ by Fitch Rating. People's Bank most awarded state-owned company such as "Green Plus" "Carbon Conscious Award". People's Bank became Sri Lanka's best performing bank. Bank mainly targets small and medium enterprise.