BOC Business Revival unit expands operations to all provinces

Encouraged with the growing demand, Bank of Ceylon’s (BOC) Business Revival and Rehabilitation (BRR) department expanded its operations to all provinces in the country, furthering its assistance to local business organisations to come back to life from pandemic hit. 

The opening ceremonies of regional BRR units took place recently in respective province offices situated in Nugegoda, Anuradhapura, Kandy, Polonnaruwa and Trincomalee with the patronage of the bank’s Additional General Manager Russel Fonseka, DGM Recovery Provinces and Business Revival and Rehabilitation Unit (BRRU) M.R.N. Rohana Kumara and the fellow members of the corporate management. 

BRR Unit AGM N. Krishnakumar, respective provincial assistant general managers and other officials also participated in these occasions. 

With the guidance of the bank’s Chairman Kanchana Ratwatte, the board of directors and General Manager K.E.D. Sumanasiri, Deputy General Manager Recovery Provinces and BRR Unit M.R.N. Rohana Kumara mapped the novel concept of ‘Business Revival’ to uplift SME/corporate customers, who had defaulted on facilities, due to genuine operational issues. 

Followed by some very successful pilot projects the specialised unit Business Revival and Rehabilitation unit was established in the latter part of the year 2020. The new establishment has come a long way since then, facilitating and re-establishing the entrepreneurial strength in the country and it has now expanded to over 14 regional units across the country.