The Hon. (Prof.) Anil Jayantha
Prof. Anil Jayantha stated that the Government would conduct detailed cost analyses to identify non-value-added activities and skills gaps for reform. He emphasized that efficiency and cost reduction in banking would be pursued through gradual digitalization and technology adoption, while maintaining selective physical outreach and considering international expansion.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 We will undertake detailed cost analyses. Where there are non–value-added activities or skills gaps, we will reform. Efficiency gains and cost reduction require digitalization and technology adoption. As the wider economy digitalizes, applying technology in banking will reduce human intervention. This cannot be done overnight, but we will proceed step by step, strengthening outreach via technology as well as selective physical presence, including international expansion.
Provenance
- Source
- Hansard, Thursday, 23 January 2025 ·No. 1738314169039521 ·English daily/uncorrected Hansard
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/lk/speeches/10470
Cite as: The Hon. (Prof.) Anil Jayantha. 10th Parliament, Parliament of Sri Lanka. Hansard, 23 January 2025. No. 1738314169039521. Politick, https://staging.politick.io/lk/speeches/10470