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Peoples Bank awarded Best Retail and Digital Bank in Sri Lanka, and Most Improved Retail Bank in Asia Pacific, Middle East and Africa

April 08, 2019 | The Asian Banker
  • People’s Bank achieved significant growth in retail deposits and revenue in 2018
  • The bank made significant strides in automating workflows and improving customer experiences
  • The bank continues to promote digital channel migration

 

Dubai, March 21st, 2019 - People’s Bank was awarded Best Retail and Digital Bank in Sri Lanka, and Most Improved Retail Bank in Asia Pacific, Middle East and Africa at The Asian Banker International Excellence in Retail Financial Awards 2019. The awards ceremony was held in conjunction withThe Excellence in Retail Financial Services Convention 2019at Conrad Dubai, U.A.E on March 21st, 2019.

PeopleBank19

In the picture: Members of the International Advisory Council of Excellence in Retail Financial Services Awards Programme with N. Vasantha Kumar, Chief Executive Officer/General Manager with the team, People’s Bank

 

People’s Bank achieved significant growth of retail deposits and revenue in 2018

People’s Bank saw its retail deposits grow by almost 20% to about 16% market share, and its retail revenue rise by almost 30% year-on-year. ROE on its retail business posted an increase from the previous year, and it boasts one of the lowest NPL ratios in the industry. Additionally, about 1 million of the bank’s customers are digitally active, or about 7% of its total retail customer base.

The bank made significant strides in automating workflows and improving customer experiences

The bank has made significant improvement in automating workflows, claiming that nearly 100% of its retail banking workflow p...

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Peoples Bank awarded Best Retail and Digital Bank in Sri Lanka, and Most Improved Retail Bank in Asia Pacific, Middle East and Africa

April 08, 2019 | The Asian Banker
  • People’s Bank achieved significant growth in retail deposits and revenue in 2018
  • The bank made significant strides in automating workflows and improving customer experiences
  • The bank continues to promote digital channel migration

 

Dubai, March 21st, 2019 - People’s Bank was awarded Best Retail and Digital Bank in Sri Lanka, and Most Improved Retail Bank in Asia Pacific, Middle East and Africa at The Asian Banker International Excellence in Retail Financial Awards 2019. The awards ceremony was held in conjunction withThe Excellence in Retail Financial Services Convention 2019at Conrad Dubai, U.A.E on March 21st, 2019.

PeopleBank19

In the picture: Members of the International Advisory Council of Excellence in Retail Financial Services Awards Programme with N. Vasantha Kumar, Chief Executive Officer/General Manager with the team, People’s Bank

 

People’s Bank achieved significant growth of retail deposits and revenue in 2018

People’s Bank saw its retail deposits grow by almost 20% to about 16% market share, and its retail revenue rise by almost 30% year-on-year. ROE on its retail business posted an increase from the previous year, and it boasts one of the lowest NPL ratios in the industry. Additionally, about 1 million of the bank’s customers are digitally active, or about 7% of its total retail customer base.

The bank made significant strides in automating workflows and improving customer experiences

The bank has made significant improvement in automating workflows, claiming that nearly 100% of its retail banking workflow p...

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories:

Keywords:


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