# People's Bank Sri Lanka

> Source: https://docs.barcoder.ai/docs/wallets/peoples-bank-srilanka
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [People's Bank — official](https://www.peoplesbank.lk/)

## Key details

- **Parent:** branches

## Overview

**People's Bank Sri Lanka** is **Sri Lankan state-owned commercial bank** + **Government of Sri Lanka via Ministry of Finance fully owned** + **Sri Lanka's #2 state-owned commercial bank by branches** + **founded Jul 1 1961 under People's Bank Act No. 29 of 1961 by the Sri Lankan government as Sri Lanka's first state-owned cooperative commercial bank** <sup>[1][1], [Sri Lanka report](https://docs.barcoder.ai/docs/payments/LK)</sup>.

## History

**Jul 1 1961 — People's Bank founded under People's Bank Act No. 29 of 1961 by the Sri Lankan government as Sri Lanka's first state-owned cooperative commercial bank** distinctive Sri Lankan banking heritage.

**2014 — People's Bank Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **People's Bank** (Sri Lankan state-owned commercial bank; Government of Sri Lanka fully owned).

**Major shareholders**: **Government of Sri Lanka (Ministry of Finance) fully owned**.

**Regulators**: **CBSL Central Bank of Sri Lanka**.

## Technical integration

People's Bank Mobile app (iOS + Android) + peoplesbank.lk online + People's Bank branch network across Sri Lanka + People's Bank Visa + Mastercard cards; LK IBAN + LankaQR.

## Implementations & partners

**Major Sri Lankan banking + payments competitors**: [Bank of Ceylon](https://docs.barcoder.ai/docs/wallets/bank-of-ceylon) (Bank of Ceylon BoC; Sri Lankan state-owned commercial bank; Sri Lanka's largest commercial bank by assets) + [Commercial Bank of Ceylon (ComBank Digital)](https://docs.barcoder.ai/docs/wallets/commercial-bank-ceylon) (Commercial Bank of Ceylon ComBank; CSE: COMB; Sri Lanka's largest private commercial bank by assets) + [Hatton National Bank (Sri Lanka)](https://docs.barcoder.ai/docs/wallets/hatton-national-bank) (Hatton National Bank HNB; CSE: HNB; Sri Lanka's #2 private commercial bank by assets) + [Sampath Bank (Sri Lanka)](https://docs.barcoder.ai/docs/wallets/sampath-bank) (Sampath Bank; CSE: SAMP; Sri Lankan commercial bank) + [DFCC Bank](https://docs.barcoder.ai/docs/wallets/dfcc-bank) (DFCC Bank; CSE: DFCC; Sri Lankan commercial bank) + [Seylan Bank](https://docs.barcoder.ai/docs/wallets/seylan-bank) (Seylan Bank; CSE: SEYB; Sri Lankan commercial bank) + [NDB Bank](https://docs.barcoder.ai/docs/wallets/ndb-bank) (NDB Bank National Development Bank; CSE: NDB; Sri Lankan commercial bank) + [Nations Trust Bank](https://docs.barcoder.ai/docs/wallets/nation-trust-bank) (Nations Trust Bank; CSE: NTB; Sri Lankan commercial bank) + [LankaQR](https://docs.barcoder.ai/docs/standards/lankaqr) (LankaQR Sri Lankan national QR payment scheme).

**Regulators**: CBSL Central Bank of Sri Lanka.

## Status

**Active, Sri Lankan state-owned commercial bank + Government of Sri Lanka via Ministry of Finance fully owned + Sri Lanka's #2 state-owned commercial bank by branches + founded Jul 1 1961 under People's Bank Act No. 29 of 1961 by the Sri Lankan government as Sri Lanka's first state-owned cooperative commercial bank** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.peoplesbank.lk/ "People's Bank — official"
[2]: https://en.wikipedia.org/wiki/People%27s_Bank_(Sri_Lanka) "People's Bank — Wikipedia"
[lk-cro]: https://docs.barcoder.ai/docs/payments/LK

- [1] [People's Bank — official][1]
- [2] [People's Bank — Wikipedia][2]
- <sup>[Sri Lanka report](https://docs.barcoder.ai/docs/payments/LK)</sup> In-corpus: `reports/countries/LK-sri-lanka.md`

## Source

Biography extracted from [peoples-bank-srilanka.md](https://docs.barcoder.ai/source/wallets/peoples-bank-srilanka). See `matrix.md` for standards-support matrix if present.