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Home International Customs

People’s Bank records Rs. 21.6 bln ATM transaction volume during New Year festive season

byCT Report
17/04/2017
in International Customs
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COLOMBO: Sri Lanka’s state-owned People’s Bank’s state-of-the-art ATM network recorded transaction volumes amounting to a staggering Rs. 21.6 billion during the recently-concluded Sinhala and Tamil New Year festivity period from April 1 to 14. This unprecedented number of volumes Include over 300 transactions that were executed every minute in Average on 7th April through over 500 ATMs located all over the island and accessible day or night, which marks a phenomenal increase from the number of volumes posted last year. Taking digital banking to its next level, People’s Bank has established Self Banking Centers equipped with the most modern ATM, CDM and Kiosks. The centers are open 24/7 allowing customers to conduct hassle free transactions including withdrawal, deposits and payment of their utility bills. In addition through its synergy with LankaPay common ATM network, People’s Bank’s 16 million customer-base is now able to enjoy island-wide, secure access over 3,800 ATMs of the participating banks at most affordable rates. In addition, any customer from any of the other 23 participating banks under LankaPay arrangement now has the opportunity to conduct transactions through People’s Bank’s extensive ATM network.

People’s Bank strives towards greater excellence by rightly understanding clients’ needs to provide the best financial solutions, consistently extending a superior customer experience exceeding all expectations. The bank recently received the ‘Best Banking Group’ and Most Sustainable Bank’ awards at the prestigious World Finance Banking Awards in 2016. The reputed international financial and business magazine, The European, also recently honored People’s Bank for serving Sri Lankans for over five decades and enabling them to meet their financial and banking needs. In a one-of-a-kind achievement, People’s Bank has been awarded ‘The Service Brand of the Year’ and ‘The Banking Service Provider of the Year’ for the 11th consecutive time at the SLIM Nielson People’s Awards 2017. Also People’s Bank YES Savings Account has been bestowed with the Gold award for ‘Service Brand of the Year’, one of the most coveted accolades in the corporate world, at the SLIM Brand Excellence Awards.

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