People's Bank (Sri Lanka)
2019 The People's Bank (Amendment)  Bill was passed in Parliament in September 2019, enabling the Bank to issue debentures with relative ease to augment its regulatory capital. Post amendment, the Bank successfully raised LKR 10 billion in Base III, Tier II compliant Debentures. The roll out of self banking units (SBU's) was accelerated during the past two years to reach 239 at end 2019 a feat achieved in just three years. The success of the Bank in digital platform, is demonstrated through the numerous awards received internationally which include the Best Digital Bank 2019 by both the Asian Banker Magazine and Asian Money and being the recipient of the Best Mobile Banking Application by the Asian Banking Magazine for 2019.  At the Asian Banker Financial Technology Innovation Awards 2018, People's Bank was awarded the Best Digitization Initiative Programmed. The Bank was recognized as the Best Retail Bank in Sri Lanka and the Most Improved Retail Bank in Asian Pacific, Middle East and Africa by the Asian Banker Magazine during 2019. The Asian Development Bank in Sri Lanka, for its Trade Finance operations.