People’s Bank inaugurates SL’S first-ever school banking unit with cash deposit machine
Forging ahead in its mission to digitally-empower the nation, People’s Bank established Sri Lanka’s first-ever school banking unit with cash deposit machine (CDM) at Ananda College, Colombo 10, which was ceremonially declared open by People’s Bank CEO and General Manager N. Vasantha Kumar.
The event was witnessed by Ananda College, Colombo Principal S.M. Keerthirathne, along with the corporate and executive management teams of People’s Bank, teachers and staff of Ananda College.
The objective of this school banking unit is to extend banking facilities to students for enhanced convenience and safety, while inculcating the savings habit. People’s Bank has a strong track record in providing every child with a bright future by encouraging excellence and cultivating the savings habit. The bank takes this mandate seriously and has popular children’s accounts, which offer amazing benefits.
Commenting on the occasion, People’s Bank Deputy General Manager Process Management and Quality Assurance Renuka Jayasinghe said, “People’s Bank is pleased to inaugurate the school banking unit at Ananda College. One of the important segments of our customer base is students and we pride ourselves on the fact that People’s Bank is the preferred bank parents recommend to their children to save for their future. Having our banking unit located within the school premises will offer unimaginable convenience to both students and parents. We believe this step will empower children with understanding of the banking process and instil the habit of saving for the future.
The People’s Bank school banking unit offers students of Ananda College a variety of services such as the facility to deposit coins and cash to their ‘Sisu Udana’ accounts, make balance enquiries, no banking slips, issue a handy NFC card with student name, photograph, admission number, etc.) specially designed with respective school colours, which can also be used as school ID. Students will only need the NFC card for making deposits.