Feb 28, 2017

People’s Bank to install 300 ATMs in 100 railway stations

The People’s Bank and Sri Lanka Railways have launched a mega project to install 300 ATM machines in 100 railway stations in a bid to promote extended use of Automated Teller Machines (ATM).

The relevant agreement was inked by General Manager Railways B.A.P. Ariyaratne and Chief Executive Officer and General Manager of the People’s Bank N. Wasantha Kumar.

The inking of the agreement took place in the presence of Minister Nimal Siripala de Silva at the Ministry auditorium.

Among those present were Secretary to the Ministry of Transport and Civil Aviation Services Nihal Somaweera and Chairman of the People’s Bank Hemasiri Fernando.

“This would also be very convenient for railway commuters and this is the reason we decided to launch this project,” Transport and Civil Aviation Minister Nimal Siripala De Silva said at the signing of the agreement in this regard. He said that they will also try conduct Railway Department transactions especially in rural stations via this ATM.”

“We have noted that over 300,000 people travel by train daily and this service will be a very beneficial to them.” Peoples Bank Chairman Hemasiri Fernando said this is a historical moment for the Bank since they were able to tie up with the Railways Department.“We will also donate Rs. 300 million towards the building of the Railway museum.”