Echelon Studio

People's Bank: From State Lender to Private Sector

Five years ago, Rs1 trillion of People’s Bank’s loans went to state enterprises. Now it’s under Rs350 billion.

Clive Fonseka explains how the bank turned a post-crisis low point into a record Rs40.2 billion profit, and why private sector customers are now the real growth story.

An Echelon brand partnership with People’s Bank