NDB Bank Re-Energizer loan to empower SMEs and MSMEs

NDB Bank has launched its new SME Re-Energizer loan in collaboration with the Sri Lankan government, designed to provide essential financial support to small and medium-sized enterprises (SMEs) and MSMEs across Sri Lanka. 
This initiative underscores NDB’s commitment to empowering SMEs and fostering economic growth by supporting the nation’s emerging businesses.

SME Re-Energizer offers investment loans up to Rs.15 million per SME client with a valid business registration, available at a highly competitive interest rate of 7 percent per annum. This scheme targets key sectors, including manufacturing, construction, exports, tourism, apparel, agriculture and agro-based industries. With flexible repayments, the scheme aims to provide long-term financial solutions tailored to the specific needs of each business entity.

Eligible purposes for the loan include the purchase of assets such as machinery, equipment or furniture for business expansion. The scheme also covers cost reduction initiatives such as solar installations and productivity improvements, vehicle purchases for the tourism sector, business expansion through the introduction of new or advanced technologies and new constructions, expansions or refurbishments of factories, buildings or warehouses.

NDB Bank recognises the vital role that SMEs and MSMEs play in driving economic growth and innovation in Sri Lanka. By providing affordable financing options, the bank aims to enable these businesses to invest in their growth, enhance their operational efficiency and achieve their strategic objectives. 

This initiative is more than just a financial product; it is a testament to NDB’s commitment to nurturing the entrepreneurial spirit and supporting the sustainable development of the Sri Lankan economy.
By empowering SMEs, NDB Bank aims to invest in the future of the nation, create jobs and foster a resilient and diversified economic landscape. By offering competitive financial solutions tailored to the unique needs of these businesses, NDB Bank is committed to supporting their growth and innovation, ultimately contributing to the broader economic prosperity of the country.