The Hon. Ravi Karunanayake
Asked whether a bank with 8,500 staff and 658 branches can further expand its branch network while improving automation, noting that international banks often operate with fewer staff per branch. He questioned what measures are being taken to reduce high administrative costs, which he said contribute to higher lending rates for the public.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 My second supplementary: with 8,500 staff and 658 branches, internationally banks often operate with smaller staff complements per branch. Can we expand branches further, and how will we advance automation? High administrative costs translate into higher lending rates to the public; what steps are you taking?
Provenance
- Source
- Hansard, Thursday, 23 January 2025 ·No. 1738314169039521 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
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/lk/speeches/10469
Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 23 January 2025. No. 1738314169039521. Politick, https://staging.politick.io/lk/speeches/10469