Commercial Bank empowers micro entrepreneurs of Point Pedro

The Point Pedro program in progress

The Commercial Bank has reaffirmed its commitment to customers in the northern peninsula with a program in Point Pedro on Financial Literacy and Entrepreneurship Development for micro entrepreneurs.

One of a series of such knowledge-enhancing programs being conducted by the bank countrywide, the program organised by Commercial Bank’s Nelliady branch and the bank’s Agriculture & Micro Finance Unit (AMFU) in Atchuvely, benefitted 138 micro entrepreneurs.

Highlights of the program included a presentation on Financial Literacy and Entrepreneurship Development by Central Bank Northern Region Senior Manager Rajani Vijayalan and an elaboration on New Rules and Regulations related to Fishing by Fisheries Department Assistant Director B. Rameshkana.

Several Fisheries Societies representing women involved in the industry participated in the program.

The Commercial Bank has conducted similar programs for SMEs and micro entrepreneurs in areas such as Narammala, Galle, Monaragala, Wellawaya, Badulla, Passara, Bandarawela, Welimada, Weligama, Koggala, Karapitiya, Matara, Batticaloa,Ampara, Kurunegala, Jaffna, Vavuniya, Hingurakgoda and Kandy in the recent past.

The bank’s Agriculture and Micro Finance Units are located in Ratnapura, Narammala, Kandy, Anuradhapura, Kilinochchi, Bandarawela, Wellawaya, Hingurakgoda, Galewela, Atchuvely, Vavuniya and Tissamaharama. They identify and support people who need financial assistance for Agri/Micro businesses, provide guidance on how to improve their businesses and help resolve difficulties.