People’s Bank distributes 'Aswenna' loans in Nuwara Eliya

People’s Bank held a ceremony in the Kandapola region of Nuwara Eliya to distribute Aswenna loans, a unique product launched to support the Government’s development programme to create a self sufficient nation. The event was graced by the presence of People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer / General Manager Ranjith Kodituwakku.

The loans were distributed for agriculture, livestock development, horticulture, dairy milk production, purchasing of seeds and raw material for agriculture and development of underlying infrastructure.

Vanitha Saviya loans, introduced by the Bank to empower female entrepreneurs, were also handed over to the loan recipients during the event. Additionally, the handing over of the cash deposits by new customers who opened Aswenna Savings and Investment accounts was carried out. They were able to open their Aswenna account using digital technology.

Krishani Narangoda – Deputy General Manager (Enterprise Banking), Wickrama Narayana - Assistant General Manager (Small & Medium Enterprises), O.K.R.D. Wasantha - Nuwara Eliya Regional Manager, K. Chandrakumar - Nuwara Eliya Asst. Regional Manager, A.M.W. Anura Kumara - Nuwara Eliya Branch Manager and several others participated in the event.