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
The Bank of Ceylon (BOC) has unveiled a groundbreaking initiative aimed at supporting young entrepreneurs in Sri Lanka. The new program, designed to counteract brain drain and foster local talent, includes collaborations with organizations such as IDB, SED, NAITA, and EDB, as well as other governmental entities. Moving beyond traditional banking services, BOC’s ‘beyond banking’
Asian Development Bank (ADB) Country Director for Sri Lanka, Takafumi Kadono, recently visited ADB-aided small and medium-sized enterprises (SMEs) in Kandy. Kadono expressed his admiration for the success of these projects and committed to providing further support for Sri Lankan SMEs. The ADB has successfully completed the disbursement of the Small and Medium-Sized Enterprise Line