People’s Bank partners Co-operative Rural Bank Federation to boost farming community

In pursuance of the Government’s Vistas of Prosperity vision, People’s Bank and The Co-operative Bank Federation have signed an agreement to uplift small-scale cultivators’ lives and to improve the standard of efficiency of the agriculture sector.

The agreement was signed and exchanged between State Minister of Co-operative Services, Marketing Development and Consumer Protection Lasantha Alagiyawanna and People’s Bank Chairman Sujeewa Rajapaksa at the Ministry premises. 

Through the SAPP Fund operated by the Ministry of Agriculture, People’s Bank will provide a credit facility to Co-operative Rural Bank Federation to be distributed among their branches islandwide which in turn will be utilised to uplift small-scale farmers.

Also attending this occasion were Chief Executive Officer/General Manager Ranjith Kodituwakku, State Ministry Secretary K.D.S. Ruwanchandra, Co-operative Rural Bank’s Federation Chairman Chandana Prasad Jayasinghe, People’s Bank Deputy General Manager (Enterprise Banking) Krishani Narangoda, Assistant General Manager (Development Finance) U.S. Gerty and other Government officers.