People’s Bank launches ‘Made in Sri Lanka’ loans programme in Matara | Daily News


 

People’s Bank launches ‘Made in Sri Lanka’ loans programme in Matara

Chief Executive Officer/General Manager Ranjith Kodituwakku presents a loan to a female entrepreneur
Chief Executive Officer/General Manager Ranjith Kodituwakku presents a loan to a female entrepreneur

People’s Bank, together with the Industrial Development Board (IDB), launched the “Made in Sri Lanka” Loans Programme in keeping with the Government’s “Vistas of Prosperity” National Policy Framework which aims to support all those involved in the agri, plantations, fisheries, clay, batik, brass, gem and jewellery and other local industries.

The launch ceremony was held at the Provincial Council Stadium in Matara and was graced by the presence of People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer and General Manager Ranjith Kodituwakku.

People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer/General Manager Ranjith Kodituwakku enjoying the creative presentations by the entrepreneurs

During the event, under the Made in Sri Lanka Loans Programme which is a timely boost to the local economy, entrepreneurs were presented with Aswenna, Vanitha Saviya, Business Power and COVID-19 capital loans. Additionally, a exhibition was made by the entrepreneurs of the People’s Bank Microfinance Village comprising Polathugoda, Pathumgama, Batuwita, Kahagala South and Kahagala. A corporate social responsibility project of the Bank which involved the handing over of books to the library of the Kahagala South Microfinance Village took place while the event was lit up by the children of the entrepreneurs who entertained the audience through their various song and dance routines.

Central Bank of Sri Lanka Matara Regional Manager W.H. Mahesh Kumara, Industrial Development Board’s Director General P.L.U. Rathnamalala and Deputy Director (Matara) O.G.S. Perera, People’s Bank Deputy General Manager (Enterprise Banking) Krishani Narangoda, AGM (SME) Wickrama Narayana, Regional Manager–Matara I.K. Indika, Senior Manager (Regional Loans Division) Nilmini Gunawardena, Assistant Regional Manager Sujith Kumarasinghe, Senior Legal Officer T.N. Rupasinghe, Kamburupitiya Branch Manager, R. Gayan Padma and Hakmana Branch Manager W.B.M.R. Weerarathne, together with bank officials, government officials and a large number of entrepreneurs took part in the event. The Made in Sri Lanka Loans Programme has been launched to boost the development of local industries, promote export-oriented industries, promote import substitute industries, enhance quality of local products, increase self-employment opportunities for locals and drive regional development. IDB will provide these projects with the necessary technical and managerial support while People’s Bank will provide specialised financial support to ensure sustainability of their businesses.

 


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