Nepali Bankers Visit to People’s Bank in Sri Lanka; Explore Ideas
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Bank Managers from Nepali Commercial Banks Enhance Skills at People’s Bank in Sri Lanka. Learn credit practices and innovative banking technologies.
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Nepali Commercial Bank’s Branch Managers visited People’s Bank in Sri Lanka for an exposure visit to understand how branch banking and credit practices work and to get new financial ideas. On the seventh day of November 2023, there was a visit as a way to enhance knowledge sharing across borders and foster partnerships in credit management.
This delegation comprised of prominent individuals from Nepal’s top commercial banks, and was organized by the Center for Banking Studies, part of the Central Bank of Sri Lanka. The main aim was to assess the credit policies, risk management, as well as innovative technologies that enabled People’s Bank to perform exceptionally well.
During their stay, the Nepali bankers had the opportunity to participate in discussions with credit specialists and executives.
In addition, the exposure visit involved going physically to the People’s Bank Head Quarters Branch so that the visiting bankers could witness banking operations as they are done in real-time. These provided a unique experience to aspects like savings, recoveries, cash management, and credit management – from customers to risk management strategies.
Established on July 1st, 1961, People’s Bank is the biggest state-owned commercial bank in Sri Lanka and it takes the second position in terms of size. The institution gives retail and corporate banking support via more than 700 local branch offices and service points.
During their stay, the Nepali bankers had the opportunity to participate in discussions with credit specialists and executives.
In addition, the exposure visit involved going physically to the People’s Bank Head Quarters Branch so that the visiting bankers could witness banking operations as they are done in real-time. These provided a unique experience to aspects like savings, recoveries, cash management, and credit management – from customers to risk management strategies.
Established on July 1st, 1961, People’s Bank is the biggest state-owned commercial bank in Sri Lanka and it takes the second position in terms of size. The institution gives retail and corporate banking support via more than 700 local branch offices and service points.