People’s Bank partners with Sri Lanka Telecom to strengthen corporate relationship

Tuesday, 3 March 2020 00:00 - - {{hitsCtrl.values.hits}}

People’s Bank joined hands with Sri Lanka Telecom PLC (SLT) to strengthen corporate relationship under the leadership of newly appointed chairmanship of both organisations. A Memorandum of Understanding (MOU) was signed and exchanged between People’s Bank Chairman Sujeewa Rajapakse and SLT Chairman Rohan Fernando. This event was held on 27 February at Colombo.

People’s Bank CEO/General Manager Rasitha Gunawardane, SLT CEO K.A. Kiththi Perera, SLT COO M.B.P. Fernandez, and corporate and executive management members of both parties were present at the event.

Through this MOU, both parties expect mutual benefits by sharing businesses and creating strong synergies among organisations. People’s Bank will act as custodian bank for SLT and Mobitel providing corporate and retail financial solutions including its employees while SLT provides/develops IT infrastructure facilities to People’s Bank and acts as the fin-tech solution provider.

“This MOU will lead to create strong business relationships and synergies among both organisations. We expect to continuously get connected with our customers through fin-tech solutions provided by SLT,” said People’s Bank Chairman Sujeewa Rajapakse.

SLT Chairman Rohan Fernando commented, “People’s Bank is having an island-wide branch network and strong financial stability. It provides around the clock banking facility through newly introduced Self Banking Units. As the fin-tech solution provider, SLT will assist them to streamline their operations. Our customers will also have easy access to People’s Bank touch points around the clock to make their bill payments conveniently.”