Wednesday, November 25, 2020

People’s Bank partners Co-operative Rural Bank Federation

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

The agreement was signed and exchanged between State Minister of Co-operative Services, Marketing Development and Consumer Protection Lasantha Alagiyawanna and The Chairman of People’s Bank Sujeewa Rajapaksa at the Ministry premises. Through the SAPP Fund operated by the Ministry of Agriculture, People’s Bank will provide a credit facility to Co-operative Rural Bank Federation to be distributed among their branches island wide which in turn will be utilized to uplift of small-scale farmers.

Also gracing this occasion were the Chief Executive Officer/General Manager Ranjith Kodituwakku, State Ministry Secretary K D S Ruwanchandra, Co-operative Rural Bank’s Federation Chairman Chandana Prasad Jayasinghe, Deputy General Manager of the People’s Bank (Entreprise Banking) Krishani Narangoda, Assistant General Manager (Development Finance ) U S Gerty and other Govt. officers participated.

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