COMMERCIAL BANKING
Trade Finance Facilities

Understanding the Business needs, the following facilities will be structured to suit your requirements with strong focus on service, time and best rates:

Imports

  • Letters of Credit
  • Import Collections DP/ DA
  • Import Short Term Loans
  • Acceptances
  • Shipping Guarantees
  • Local Invoice Discounting
  • Avalisation of Bills of Exchange
  • Standby Letters of Credit

Exports

  • Pre Shipment Financing
    • LKR and FCY loans
  • Post Shipment Financing
    • Negotiation / Discounting of export documents
  • Export Collections DP/ DA
  • Effecting Remittance

Guarantees

  • Issuance of all types of guarantees mainly, Bid, Advance Payment and Performance and Retention Guarantees for various projects
  • Credit Guarantees
  • Customs Duty Guarantees
  • Standby LCs

Term loans

We offer project financing and Term Loans at very concessionary rates to expand existing businesses, diversify into other prospective Business ventures whether it be commercial or infrastructure both locally or globally.

Money Market Loans

Shot term financing linked to the Money Market rates to meet recurrent working capital deficits

We also have the expertise to handle cash management solutions such as collection accounts, pay roll process, EPF/ ETF payments and any other outward payments such as standing orders, customs duty and any other requirement backed by a system based application.

 

Contact us for more Details

Mr. Sujeewa Gunaratne
Chief Manager - Commercial Credit
Tel No - 011-2385469
Fax No - 011-2334262
E-Mail - vikumg@peoplesbank.lk