The Corporate Credit Department is successfully continuing its delivery of superior services for exclusive requirements of corporate, international and government entities. This has been achieved through its core competencies, professionalism acquired through decades of experience, staff commitment, excellent customer relationship, dedication and enthusiasm for new knowledge in the industry. CCD is capable of structuring financial packages harmonizing the unique requirements of corporate and institutional customers locally and internationally.
Settlement of sight Bills under Documentary Credit
Settlement of Acceptance Bills under Usance Documentary Credit Facilities
Settlement of Collection Bills Facilities Advance Payment Facilities
Our Project Finance Department is dedicated to handle not only large commercial and infrastructure projects in Sri Lanka, but also global projects undertaken by our clients.
Pre-shipment credit Facilities
Pre-shipment finance can be availed for the specific purpose of procuring raw materials, purchasing, and manufacturing, processing, transporting, warehousing, packing and shipping the goods meant for export. We offer wide range of Pre-Shipment credit facilities for exporters including Letters of credit facilities, Short Term Loans, Export Trust Receipts, and Overdraft Facilities in local and foreign currencies.
Post-shipment credit Facilities
Post-shipment finance is an advances granted by us to an exporter of goods from Sri Lanka This facility is available to an exporter subsequent to the date of shipment of goods up to the date of realization of export proceeds. Facilities include Negotiation of export documents under Letter of Credit (LC), Purchase and Discount of export documents under confirmed orders, export contracts, Advances against export bills sent on collection basis.
Corporate Credit Unit has the expertise of structuring capital financing through Debenture financing, financing to purchase shares of other companies, commercial papers, issuance of Bank Guarantees in participating IPOs.
Structured Term Financing
Term finance solutions are frequently offered to our valued customers to expand their businesses and also to diversify into other prospective business ventures.
Syndicated Finance Facilities
Corporate Credit Unit of People’s Bank has pioneered in providing syndicated term loan financing and project financing with local and international banks for high value business proposals including off-shore ventures.
Cash Management Facilities
We have the competitive advantage of structuring and managing cash collections of our valued customers through our island wide Branch network and providing the best investment solutions with our unparallel Treasury Products.
Our dedicated Bank Guarantee Department housed in the Corporate Banking Division is specialized in issuing the local and international guarantees including Bid Bonds, Performance Bonds, Advance Payment Guarantees, Custom Guarantees, Money Retention Guarantees, and Credit Guarantees.
Corporate Financial Advisory
Decades of experience is passed on to the generations in People’s Bank. Our excellent team of experts is dedicated to guide and direct our valued customers to the highest level of performance in their respective diverse businesses. We truly understand the pulse of our customers and continue to be partners with them.