People's Bank (Sri Lanka)
Encyclopedia
People's Bank is a state-owned commercial bank
in Sri Lanka
. The Bank's headquarters are located in Sir Chittampalam
A. Gardiner Street in Colombo
and was established on July 1, 1961. The bank has a network of 326 local branches.
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
in Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
. The Bank's headquarters are located in Sir Chittampalam
A. Gardiner Street in Colombo
Colombo
Colombo is the largest city of Sri Lanka. It is located on the west coast of the island and adjacent to Sri Jayawardenapura Kotte, the capital of Sri Lanka. Colombo is often referred to as the capital of the country, since Sri Jayawardenapura Kotte is a satellite city of Colombo...
and was established on July 1, 1961. The bank has a network of 326 local branches.