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.