People’s Bank opens new headquarters ‘People’s Tower’

People’s Bank unveils its new ‘People’s Tower’ headquarters – a landmark in Sri Lanka’s banking and economic history

People’s Bank marked a historic milestone on October 7, 2025, with the grand opening of its new state-of-the-art headquarters, ‘People’s Tower,’ located at No. 374, Dr. Colvin R. de Silva Mawatha, Colombo 02. The opening ceremony was held under the patronage of Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, and Dr. Harsha Suriyapperuma, Secretary to the Treasury and the Ministry of Finance, Economic Stabilization, and National Policies.

For over 64 years, People’s Bank has played a defining role in empowering communities, supporting national development, and driving economic progress across Sri Lanka. The inauguration of this new headquarters symbolizes the bank’s continued commitment to innovation, sustainability, and service excellence—serving as a proud reflection of both the institution’s legacy and the nation’s growth journey.

Standing tall with 22 floors above ground and three basement levels, the building is designed in alignment with global green building standards, underscoring the bank’s pledge toward environmental sustainability. The Tower houses a fully equipped auditorium, record management unit, modern cafeteria, medical center, conference halls, and a range of other advanced facilities.

The building also accommodates the People’s Bank Staff Training College and the Union Place Branch, offering customers access to the latest digital banking technologies. To commemorate this historic occasion, the Department of Posts issued a special commemorative cover and stamp.

The bank’s previous headquarters, established in 1977 at Sir Chittampalam A. Gardiner Mawatha, now gives way to this modern landmark that captures the essence of stability, innovation, efficiency, and pride—qualities that define People’s Bank as a national financial powerhouse.

The ceremony was graced by Chairman Prof. Narada Fernando, CEO/General Manager Clive Fonseka, members of the Board of Directors, senior management, customers, and distinguished invitees.

Founded on July 1, 1961, People’s Bank stands today as Sri Lanka’s premier financial institution, with assets exceeding Rs. 3.7 trillion, a network of over 750 branches, and a dedicated team of 8,000 employees. With more than 15.2 million customers, it boasts the largest client base among Sri Lankan commercial banks.

As the country’s digital banking pioneer, People’s Bank serves over 3.5 million digital customers, continuing to champion inclusive financial growth and national economic upliftment. Beyond banking, it remains a cornerstone in financing Sri Lanka’s key sectors—from exports and education to health, highways, tourism, and infrastructure—cementing its legacy as a true partner in national progress.