Daily Mirror - Print Edition

ComBank empowers Marawila and Wennappuwa entrepreneurs

05 Jun 2024 - {{hitsCtrl.values.hits}}      

Seminar in progress

Presentation of a sapling to a participant

Nearly 100 micro and small business owners in the Marawila and Wennappuwa areas recently benefitted from a sustainable entrepreneurship development programme conducted for them by Commercial Bank of Ceylon in collaboration with several other key institutions.


Organised under Commercial Bank’s Dirishakthi Sustainable Entrepreneurship Development initiatives, the seminar cum workshop provided the knowledge required to improve their technical and financial literacy and other entrepreneurship skills as well as information on relevant topics, including business registration procedures and the banking products and services available to them to grow their businesses.


The resource persons for the programme represented the Central Bank of Sri Lanka, key departments of the Divisional Secretariat of Wennappuwa and Commercial Bank’s own Development Credit Department and Agriculture and Micro Finance Unit (AMFU), as well as the senior officers of the bank.


The bank said the principal objectives of the programme were to enhance financial and entrepreneurship skills, increase access to finance, empower decision-making and to contribute to community development.


Among the speakers at the event were Commercial Bank Regional Manager Colombo North Anura Tennakoon, Central Bank Regional Manager Anuradhapura Aruna Wijesiri, Assistant Director Small Enterprises Development Wennappuwa Divisional Secretariat Chamila Sudarshi and several representatives of Commercial Bank.
The programme was organised by the bank’s Agriculture and Microfinance Unit of Marawila, with the participation of the bank’s branches in Wennappuwa, Nattandiya and Marawila.


Programmes of this nature are supported by Commercial Bank’s 19 AMFUs, which play a key role in helping the bank to identify specific needs of entrepreneurs who require assistance to develop either their agriculture activities or micro businesses. These units are dedicated to promoting agriculture lending and microfinance.


Commercial Bank’s AMFUs are located in Ratnapura, Narammala, Nawalapitiya, Marawila, Anuradhapura, Kilinochchi, Bandarawela, Wellawaya, Hingurakgoda, Galewela, Achchuveli, Vavuniya, Chenkalady, Deniyaya, Tissamaharama, Udugama, Pottuvil, Elpitiya and Akkaraipattu.