World Finance Digital Banking Awards 2020: People’s Bank wins two awards
People’s Bank won Sri Lanka’s ‘Best Consumer Digital Bank’ Award while the People’s Wave App has been crowned the ‘Best Mobile Banking App’ at the World Finance Digital Banking Awards 2020.
World Finance is a quarterly magazine that covers international business, the global economy and the financial industry.
Sri Lanka’s digital banking landscape has become exceedingly competitive throughout recent years and the COVID-19 pandemic in 2020 saw an immense rise in the need for digital banking solutions. These awards and other international recognition like being crowned the ‘Best Digital Bank’ at the Asiamoney Best Bank Awards 2020, underscore the extent to which People’s Bank’s digitalisation has been instrumental in paving the way in Sri Lanka’s digital banking sphere.
Sharing his thoughts on these latest accolades, People’s Bank Chairman, Sujeewa Rajapakse said “People’s Bank is delighted to be recognised on a global stage yet again for our continued commitment to App technology and innovation. We couldn’t be prouder of the accolades we have achieved thus far, as it further makes clear that we are leading the way in Sri Lanka’s digital banking landscape.”
People’s Bank Chief Executive Officer/ General Manager Ranjith Kodituwakku stated, “Our commitment to digitalisation has helped us achieve a lot already, and we are excited to see where it takes us in the future. This commitment and these accolades have further cemented our place among some of the world’s leading financial institutions, which in itself is a great achievement, and we could not be prouder”.
People’s Bank’s digitalisation drive has witnessed a number of ground-breaking digital initiatives being launched in the local market. The Bank is the pioneer to launch Self-Banking Units (SBUs), a unique concept consisting of ATMs, Cash Deposit Machines (CDMs) and Kiosk machines enabling customers to bank at their convenience 24x7x365.