People’s Bank distributes Aswenna loans in Nuwara Eliya to support Govt. development program

People’s Bank Chairman Sujeewa Rajapakse handing over a loan facility

People’s Bank CEO/GM Ranjith Kodituwakku handing over a loan facility

People’s Bank held a ceremony in the Kandapola region of Nuwara Eliya to distribute Aswenna loans, a unique product launched to support the Government’s development program to create a self-sufficient nation. The event was attended by People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer/General Manager Ranjith Kodituwakku.

The loans were distributed for agriculture, livestock development, horticulture, dairy milk production, purchasing of seeds and raw material for agriculture and development of underlying infrastructure.

Vanitha Saviya loans, introduced by the bank to empower female entrepreneurs, were also handed over to the loan recipients during the event. Additionally, the handing over of the cash deposits by new customers who opened Aswenna Savings and Investment accounts was carried out. They were able to open their Aswenna account using digital technology.

Deputy General Manager (Enterprise Banking) Krishani Narangoda, Assistant General Manager (Small and Medium Enterprises) Krishani Narangoda, Nuwara Eliya Regional Manager O.K.R.D. Wasantha, Nuwara Eliya Asst. Regional Manager K. Chandrakumar, Nuwara Eliya Branch Manager A.M.W. Anura Kumara and several others participated in 

the event.