People’s Bank launched two curated banking services packages with Elegance and Excelsior
People’s Bank, Sri Lanka’s Premier Licensed Commercial Bank, launched two new product offerings titled, Elegance and Excelsior, providing its customers with a comprehensive range of banking solutions designed to match their lifestyle needs. Elegance is a private banking facility that will complement and add value to the lives of high-net-worth individuals. Excelsior is a banking […]
Head of China’s central bank is set to resign amid a reorganisation
Yi Gang, the head of China’s central bank, is expected to resign after being expelled from an elite committee of the country’s Communist Party, according to sources close to the institution. A previous central banker is seen as the front-runner to follow him. Yi, 64, has been the focus of significant speculation regarding his likely […]
People’s Bank’s 2021 Annual Report recognised at the CMA Excellence in Integrated Reporting Awards 2022
People’s Bank, Sri Lanka’s Premier Licensed Commercial Bank, was recognised by the Institute of Certified Management Accountants of Sri Lanka (CMA) for its 2021 Annual Report as one of the top ten ‘Best Integrated Annual Reports” in the country at the recently concluded CMA Excellence in Integrated Reporting Awards 2022. The integrated reports are evaluated […]
People’s Bank recognized as one of Sri Lanka’s most outstanding workplaces for women at WFWP Awards 2022
People’s Bank was recognized as one of Sri Lanka’s most outstanding workplaces for women at the Satynmag CIMA Women Friendly Workplace Awards 2022. (WFWP Awards) 2022. The award was received by People’s Bank Deputy General Manager (Retail Banking) Renuka Jayasinghe, Deputy General Manager (Enterprise Banking) Krishani Narangoda and Acting Deputy General Manager (Human Resources) K. […]
People’s Bank joins hands with EDB to promote exports
People’s Bank recently joined hands with the Export Development Board of Sri Lanka (EDB), in an exclusive partnership to assist in promoting Sri Lankan exports, and help prospective entrepreneurs to enter the international export market. An inauguration ceremony was held at the Staff Training College, which was graced by the presence of Chief Guests People’s […]
People’s Bank partners with Central Cultural Fund to offer an e-Ticketing Solution
People’s Bank recently entered into a partnership with the Central Cultural Fund (CCF), which falls under the Ministry of Buddhasasana, Religious and Cultural Affairs, to provide an e-Ticketing Solution to be deployed at major tourist attractions in Sri Lanka. A Memorandum of Understanding (MOU) for the partnership was inked and exchanged between the two institutions […]
People’s Bank’s 2021 Annual Report wins double gold at the Prestigious International ARC Awards 2022
People’s Bank, Sri Lanka’s Premier Licensed Commercial Bank, was once again bestowed Two (2) Gold Awards at the International ARC Awards 2022, as held in New York, United States for its 2021 Annual Report titled “Multifaceted Brilliance”. The ARC Awards are widely known as the Academy Awards for Annual Reports by the international financial community.Notably, […]
Credit Suisse takes the limelight despite efforts to allay worries
As a result of worries over the bank’s capacity to reorganise its business and increase its capital following a spate of losses, Credit Suisse shares fell as much as 11.5% on Monday and its bonds touched record lows.Although there haven’t been any significant recent developments and Credit Suisse’s current issues are well known, the Swiss […]
Krungthai Bank wins Banking CEO of the Year 2022 (Mr. Payong Srivanich)
Krungthai Bank is one of the largest banks in Thailand and it is currently at the forefront of the country’s digital banking scene as the owner of Thailand’s no.1 open digital platform, Paotang mobile application, which has accumulated over 40 million users and counting. The success could be attributed to its visionary leader, Mr. Payong […]
BoE’s boost to sterling wanes; euro falls as inflation figures come into focus
Thursday saw a decline in the value of the pound, the euro, and the dollar as the relief over the Bank of England’s involvement in the bond market subsided.Additionally, investors expected German inflation data.Following the BoE’s announcement of an emergency bond-buying programme to support a gilt market that had been in freefall alongside the pound, […]