📝 Summary
People’s Bank, one of Sri Lanka’s most powerful state-owned financial institutions, is confronting an uncomfortable contradiction: record-breaking profits and an expanding loan portfolio are being overshadowed by serious questions about internal controls, financial accountability, technology failures and the protection of confidential customer information. The bank reported an unprecedented standalone Profit After Tax (PAT) of Rs. […] The post People’s Bank Record Profits Mask Alarming Governance and Security Failures appeared first on Lankanews.lk .