Corporate
Banking

Corporate Lending

Off - Shore Banking Unit

Trade Finance

Corporate Lending

Corporate Banking provides tailor made financial solutions to the corporate sector. The corporate clientele includes private sector corporates and state owned enterprises across a wide range of industries.

We provide corporate clients with a comprehensive range of products and solutions such as,

Import Financing
Export Financing
Working Capital Financing
Project Financing
Structured Term Financing
Syndicated Finance Facilities
Guarantee Facilities
Corporate Financial Advisory
Mobilization of Local and Foreign Currency high-value deposits.

People’s Bank Head Office, 11th Floor,
No 75, Sir Chittampalam A Gardiner Mawatha,
Colombo 02.

For any inquires,

+94 11 4713460
+94 11 2206745
+94 11 2396424
+94 11 2473340

Mrs. Dhammika Dasanayake

Assistant General Manager – Off-shore & Corporate Credit
+94 11 2324716
+94 11 2446410
dammikad@peoplesbank.lk

Mrs. S Shantha Perera

Assistant General Manager – Corporate Banking (Relationship I)
+94 11 2473568
+94 11 2329575
shantha@poeplesbank.lk

Off-Shore Banking Unit

Leveraging on years of experience, People's Bank is the first point of call for overseas investors and for local exporters registered under section 17 of the BOI Act. The unit facilitates off shore transactions and provides foreign currency loans, deposits and the full range of offshore and foreign currency accounts. Global transactions are facilitated through our network of over 1000 overseas correspondents in 110 countries.

Contact Information

OFF-SHORE BANKING UNIT
People’s Bank Head Office, 11th Floor
No 75, Sir Chittampalam A Gardiner Mawatha
Colombo 02.

+94 11 2206745 / +94 11 2206747 / +94 11 2206746 / +94 11 2206725

+94 11 2470303

fcbu@peoplesbank.lk

Mrs. Dhammika Dasanayaka
Assistant General Manager - Off-shore & Corporate Credit

+94 11 2324716

+94 11 2446410

dammikad@peoplesbank.lk

Mrs. S Shantha Perera
Assistant General Manager - Corporate Banking (Relationship I)

+94 11 2473568

+94 11 2329575

shantha@poeplesbank.lk

Trade Finance

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.

People's Bank as your Trade Facilitator

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.

Export Solutions on Offer

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.

Import Solutions on offer

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.

Other Services

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.
Speedy and Safe Outward Remittance for importation of goods under Advance Payment, Service Payments and Open Account basis.

Corporate Banking Applications