People’s Bank marks 59th anniversary celebration empowering MSMEs island-wide

Thursday, 2 July 2020 03:29 -     - {{hitsCtrl.values.hits}}

People’s Bank Chairman Sujeewa Rajapakse handing over a loan

People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku handing over a loan


The 59th anniversary of People’s Bank was celebrated on 1 July, and to mark this occasion a special ceremony was organised at Marandagahamula Branch where 59 ‘Aswenna’ as well as 59 ‘Saubagya’ COVID-19 loans were granted to customers of the branch. 

All loans were granted with the participation of People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer/General Manager Ranjith Kodituwakku. These loan schemes were introduced to support the Government’s development program and with the aim of uplifting the small and medium businesses adversely affected by the COVID-19 pandemic.

Vanitha Saviya loans, introduced by the Bank to empower female entrepreneurs, were also handed over during the event. Additionally, the handing over of the first cash deposits by two new entrepreneurs who opened Aswenna accounts was carried out.

One of the notable features at the event was the agriculture-based setting that was created within the Marandagahamula branch premises to match the concept of the Aswenna account. 

The Aswenna loan scheme, a unique product that aligns with the Government’s development program to create a self-sufficient nation, was launched in Dunagaha which is close to the Marandagahamula branch.Deputy General Manager (Enterprise Banking) Krishani Narangoda, Assistant General Manager (Development Finance) U.S. Gerty, Assistant General Manager (Small & Medium Enterprises) Wickrama Narayana, Assistant General Manager (Marketing) A.U.A. Anzar, Gampaha Regional Manager Nalin Pathirage, and Marandagahamula Branch Manager G.M. Kanchana Jayaweera, staff members , as well as Divulapitiya Divisional Secretary U.W. Thanuja Upeksha Rajakaruna and Chief Inspector of Divulapitiya Police Station U.P.S. Priyantha graced the occasion along with officials from the Government and farmers associations.