


People's Bank is adjudged the strongest banking brand by Brand FinancePeople's Bank, the "Best Loved Bank" was recently awarded the Brand Finance Brand Rating certification, with a "AA-" rating. This rating is the strongest amongst all banks that are operating in the country, and is an acknowledgement of the long term brand building efforts of the bank.
A brand rating is like a company credit rating, which provides investors with the future outlook for the brand and indicates the ability of the brand to attract future revenue for the business. An "AA-" brand certification therefore provides assurance to the stakeholders of People's Bank, that the management does indeed fully understand the true potential of its brand.
W. Karunajeewa, Chairman of People's Bank said "this study is extremely useful to our management as it is an independent verification of our standing. It also enables us to further strengthen ourselves and focus our efforts towards improved performance in this highly competitive market. The brand can indeed play a significant role in this endeavour. This study also shows that government enterprises can compete effectively with the private sector and emerge on top."