People’s Bank partners with Co-operative Rural Bank Federation for loans

CEYLON TODAY | Published: 2:00 AM Nov 25 2020
FT People’s Bank  partners with  Co-operative Rural Bank Federation for loans

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

The agreement was signed by State Minister of Co-operative Services Lasantha Alagiyawanna and People’s Bank Chairman Sujeewa Rajapaksa at the Ministry premises. 

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

Also gracing this occasion was People’s Bank 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 Govt. officers participated.

CEYLON TODAY | Published: 2:00 AM Nov 25 2020

More News