Finance

Pan Asia Bank Unveils ‘SME Re-Energizer’ Loan to Support Business Growth

  • August 8, 2024

Pan Asia Bank has launched its new ‘SME Re-Energizer’ loan, a collaborative initiative with the Sri Lankan Government aimed at providing crucial financial support to SMEs and MSMEs across Sri Lanka. The ‘SME Re-Energizer’ loan offers investment opportunities up to Rs. 15 million per SME client with a valid business registration, featuring a competitive interest

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Economics

Sri Lanka Offers Interest Relief on Pawning Advances Up to Rs. 100,000

  • July 24, 2024

Sri Lanka will provide interest relief for pawn advances up to Rs. 100,000, as announced by Cabinet Spokesperson Minister Bandula Gunawardena. This measure is aimed at assisting low-income families struggling with high interest rates on pawning advances. The Cabinet has approved a program through the General Treasury to grant interest relief of up to 10%

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