The role of SMEs in Sri Lanka - the economic backbone

Small and Medium Enterprises (SMEs) play a huge role in Sri Lanka’s economy as it serves as the backbone of economic growth by facilitating job creation and innovation.

Revitalizing our roots: HNB starts agripreneurship development in Nochchiyagama with “HNB Sarusara”

Driving forward its mission to support and modernize the nation’s agriculture sector, Sri Lanka’s largest private sector retail bank, HNB PLC, celebrated a step forward in the nation’s agricultural development with the launch of the HNB සරුසාර (Sarusara) programme in Nochchiyama, Anuradhapura.

Seylan Bank unveils Seylan Eco Solar Loans and special Working Capital Loans for Small & Medium Enterprises (SMEs)

Seylan Bank continues its commitment to support the growth of Small & Medium Enterprises (SMEs) by expanding its range of affordable and flexible financing solutions. The Bank now offers SMEs solar and working capital loans, providing critical funding options for businesses in urgent need of financial support.

People’s Bank driving economic recovery through MSME empowerment

It is no new knowledge to know that the empowerment of Micro, Small, and Medium Enterprises (MSMEs) in the present context of Sri Lanka is an absolutely vital strategy to drive the much sought after economic recovery andlong-term development. MSMEs constitute a substantial part of the country’s economy, comprising over 75% of all enterprises, generating 45% of employment, and contributing 52% to the GDP.

Conquer any Challenge with SME Loans from Commercial Bank

Commercial Bank has been a pioneer in recognizing the importance of Small and Medium Enterprises (SMEs) in shaping the country’s economy. Having provided financial solutions for this special segment for over 4 decades, the bank has developed a well-trained team that is geared to cater to the varying needs of SMEs.Furthermore, Commercial Bank has partnered with many international organizations to establish dedicated credit lines for SMEs.

Cargills Bank Driving Progress in Sri Lanka with Full Support for SMEs

In Sri Lanka, Small and Medium Enterprises (SMEs) play a crucial role in fostering growth, innovation, and resilience. Representing over 75% of all businesses, accounting for 45% of employment, and contributing a significant 52% to GDP, SMEs are the backbone of economic diversity and regional development.

Driving Growth and Resilience: NDB’s Strategic Support for SME & Exporters in Sri Lanka

In this interview, we sit down with Indika Ranaweera, the Vice President of SME, Middle Markets, and Business Banking at NDB, to explore the critical role of SMEs in Sri Lanka’s economic landscape and how NDB is positioning itself to support their growth. With a focus on digital transformation, strategic partnerships, and tailored financial solutions, Indika shares insights on how NDB is helping SME exporters overcome challenges and seize opportu

How Sri Lanka’s new concessionary loan scheme is supporting SMEs

Sri Lanka’s government recently introduced a new concessionary loan scheme aimed at revitalizing the country’s Micro, Small, and Medium Enterprises (MSMEs).

RDB Bank: Empowering the SME sector in Sri Lanka

SMEs is called as the driving force of the economy where it accounts for 75% of businesses, 52% of GDP and 45% of employment. As the premier state owned development bank in Sri Lanka spanning 272 strong branch network island wide has been dedicating to provide accessible finance its clientele.