• Citizens of Sri Lanka
• Entities generating sufficient surplus from business activities

• For your working capital requirements
• Business expansion (Ex; new markets, new products or new services, new delivery channels)
• To move to new business premises
• Purchase machinery to keep up with changing technology
• And any other business purpose

• Term Loans



You can obtain a business loan with flexible and convenient payment schedules ranging from short term, medium term to long term, for any business purpose in sectors such as Commercial, Agricultural, Industrial, and Tourism, etc.

• Overdrafts



An extension of credit form when a current account balance reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no sufficient funds in it up to pre-arranged limit, which can be temporary or permanent.

• Bank Guarantees



General Letter of Guarantees, Bid Bonds, Performance Bonds, Advance Payment Bonds, etc. are provided to customers favouring third parties to suit various needs depending on different business sector requirements.

• Bills Discounting



Discounting of Bills before its maturity days to meet working capital gaps of customers, by providing instant credit.

• Cash Margin Facilities



We consider facilities for any business purpose with the option of fixed loan instalments or to pay back as and when you can, against cash balances in Savings Accounts, Fixed Deposits, and Savings Certificates.

• Depend on unique customer requirements, purposes and repayment abilities, security offered, with flexible policies to cater your each financial need.

• Flexible repayment period varying with customer needs and purposes, from short-term to medium and long-term.

• Attractive interest rates are offered in par with prevailing market rates and based on customer preference on fixed and floating rate basis.

With a proud history as a State Bank, People’s Bank, International Banking Division of People’s Bank has been providing financial solutions for the mutual benefit of Institutional and Corporate clients who are aggressively venturing out across the borders during last 50 years. Being an entity with a long tradition of excellence, we offer the knowledge; expertise and support that businesses need to flourish in the international market through providing:

• Access to a global network of over 1000 overseas correspondents spanning 110 countries to facilitate the international trade financing.
• Very competitive and flexible exchange rates and interest rates in the industry.
• Trade Finance facilities available through an extensive branch network of 740 branches spread island wide.
• Advisory services to suit the customers' requirements.
• Easy access via E-mail, SMS and Internet Banking.
• Less turnaround time to cater urgent customer obligations.
• Online payment service for Customs duty/taxes and Port charges/levies.
• Foreign currency denominated time/savings deposits at competitive rates.
• Quick handling of Inward Remittances and External Fund Transfers, RTGS (Inward/Outward), REPO, SLIPS and Salary Payments.
• All trade facilities under One Roof. (Domestic and Off Shore customers)
• Flexible customer hours.
• High service quality backed by ISO 9001:2015 Certification
• Facilitating Trade Finance solutions through Corporate Internet Banking, i.e. LC opening, Issuance of Letters of Guarantee and shipping indemnity, Import & Export Loan facilities.

• Speedy Export Documentary Credit Advising and adding Confirmation at very competitive rates.
• Transferring Documentary Credit at minimum transferring cost.
• Documents Examination Services by trade staff to ensure trouble-free processing.
• Negotiation of Export Documents under Letters of Credit.
• Purchase of Export Documents under D/A and D/P terms.
• Forward Exchange Contracts with Options, Issuance of Drafts and Remittances against Export Proceeds.
• Regular follow-up for Payments under Export Bills.
• Flexible Pre and Post Shipment Export Financing in Local and Foreign Currencies.
• Fast and Secure dispatching of Export Documents on behalf of customers.

• Flexible and Customized Letter of Credit issuance for Retail and Corporate customers at competitive rates within one day.
• Confirmation arrangement through Global Bank Network Worldwide.
• Handling of Import Bills under LC (Sight/Usance)
• Easy, Fast and Efficient Documentary Collection services ( DP and DA Terms)
• Notification of Arrival of Shipping Documents via E- mail and SMS.
• Examination of Documents by Expertise and Experienced staff.
• Effective delivery of Import Documents to Customers and Online Customs Web updation for easy clearance of consignments.
• Effect payments to suppliers in an Efficient and Effective manner.
• Follow up and Tracer facility for payment and acceptance.
• Providing finance to meet payment obligations in the form of Short Term Loans, Trust Receipt Loans and Hypothecation Loans.
• Processing Shipping Guarantees and Endorsement of invoices enabling customers to clear consignments quickly.

• Issuing and Advising of Local and Foreign Bank Guarantees Speedily at Competitive Rates.
• Individual service of checking and drafting of Guarantees in line with International Standards and Legal requirements.
• Issuance of Line of Credit facilities.
• Professional advice for Guarantee procedures and the Risk Mitigation process.
• Invoice Discounting Facilities.
• Easy access to obtain status report on buyers/sellers for safe trade finance transactions.
• Trade Finance Department provides services for many exporters and importers who are aggressively venturing out across the borders. People’s Bank’s network of over 1000 correspondents in 110 countries gives your business the global edge with cutting edge technology, commitment, and decades of superior experience in handling high-value transactions. Our primary objective is to enhance customer value, and assist them in the speedy settlement of international commercial transactions while providing safety for the parties involved.
Corporate Banking Applications