NDB’s ‘Jayagamu Sri Lanka’ celebrates one year | Daily News

NDB’s ‘Jayagamu Sri Lanka’ celebrates one year

NDB launched ‘NDB Jayagamu Sri Lanka’ as a platform to lend support to Small and Medium Scale Enterprises (SMEs), emerging exporters, aspiring entrepreneurs and enthusiastic innovators of Sri Lanka.

Since the launch of ‘NDB Jayagamu Sri Lanka’ the Bank has been working with its partner organizations such as the Export Development Board (EDB), Cord 360, Maersk, Codevus - ERP service provider, Thinkcube Solutions - ERP service provider and SL @ 100 in order to provide a boost to the country’s exporters and innovators in order to assist the country in post-COVID revival.

Through this, both financial and non-financial services were offered to encourage and facilitate entrepreneurs, exporters and innovators even amidst the first and second waves of the pandemic.

Since the beginning of the year 2021, ‘NDB Jayagamu Sri Lanka’ organized a number of awareness programmes, webinars, training programmes and other non-financial advisory services for the country’s exporters and innovators.

Among the activities conducted are awareness programmes for members of “Shilpa Sabawa” and the members of “Women International Foundation” in addition to participating in networking events conducted by SL @ 100 and “Start-up Council” and conducted training programmes for the Entrepreneur Centre at the University of Colombo.

NDB Bank recognizes the potential for transformation in the country’s exporters, entrepreneurs and inventors because the Bank believes the key to Sri Lanka’s economic resurgence lies with them. Thus, in an effort to uplift this target group, the Bank under the Jayagamu Sri Lanka initiative also conducted webinars on “Book Keeping, Project proposals and overcome challengers”, “Business Digitalization” and “Mental Health and best practices of banking”.

The uniqueness of “NDB Jayagamu Sri Lanka” is that it is more than just a loan scheme with loan approval in seven working days to assist entrepreneurs, exporters and innovators of the country.

Accordingly, this initiative will continue to provide financial assistance for Sri Lankan exporters in the form of working capital finance to meet the funding requirements of exporters along with facilities.

NDB Jayagamu Sri Lanka’s non-financial assistance offers businesses with advisory services such as assistance in finding export markets through the Export Development Board (EDB), Sri Lanka Export Credit Insurance Corporation (SLECIC), Chamber of Commerce, Daraz and Code 360.com and trade desk to facilitate exporters.

NDB will also assist in facilitating links between prospective clients and local trades to obtain services at discounted prices. In addition to this wide variety of services, NDB also offers a comprehensive Enterprise Resource Planning (ERP) solution to its clients which assists in stock and debtor management, payroll management, cash flow management and other essential accounting functions for SME clients using British qualified advisors.

As a leading bank offering innovative and inspiring financial solutions to all its customers, NDB Jayagamu Sri Lanka is a timely solution that meets and exceeds the needs of its customers and the local economy.

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