People’s Bank quick digital loan processing facility expanded to 100 branches

People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku presenting a loan confirmation letter to a customer within one hour from submission of the loan application and addressing the gathering 

• People’s Bank digitalisation drive crosses yet another milestone

People’s Bank, the pioneer of Sri Lanka’s digital banking sphere, reached yet another milestone when it launched its 100th People’s Wiz credit facility enabled branch in Bandarawela on 24 December.

“People’s Wiz” Retail Loan Originating System (RLOS) is one of the Bank’s key innovative digital banking projects which enables the bank to disburse personal loans within 24 hours with minimal documentation. Traditionally, a 15-step procedure had to be followed to grant a personal loan making the process taking as long as a month. 

People’s Bank has always focused on offering a high quality customer experience using digital banking technology keeping in line with modern banking practices. Also, the Bank’s digitisation projects were executed ensuring the maximum security and convenience for customer transactions.

People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku, Head of Marketing Nalaka Wijayawardana, Chief Manager Mangala Kariyawasam, Badulla Regional Manager Manjula Dissanayake, Asst. Regional Managers Rajiv Karunanayake, R.M. Gamini and Branch Manager Upali Wijekoon along with bank staff, Government officials and customers also participated at the event.