People's Bank (Sri Lanka)
2008 The Government of Sri Lanka released the fourth capital tranche of LKR 1.5 billion The Bank reached the Capital Adequacy Level of 10.5% by the end of year. Further, the Bank's first Debenture issue of LKR 2.5 billion was made in year. A notable advancement in the Bank's remittance service with the introduction of "People's e-remittance", a web-based remittance product supported by later technology to remit money from overseas within minutes. Two new foreign currency deposits products were launched, viz., "Doo Daru Ethera Isura" a foreign currency deposit product for children and "Special Foreign Investment Deposit Account" [SFIDA].