Commercial Bank extends support to eastern entrepreneurs

Thursday, 10 July 2014 00:00 - - {{hitsCtrl.values.hits}}

One hundred and twenty five entrepreneurs of the eastern province were provided with valuable information relevant to their businesses, at two programs conducted by the Commercial Bank of Ceylon recently. The two programs conducted in collaboration with the Central Bank of Sri Lanka (CBSL), were held in Batticaloa and Ampara and covered ‘Entrepreneurship Development and Financial Literacy’ for SME’s in the region.

Sixty five entrepreneurs from the Batticaloa, Valachchenai, Kattankudi, and Eravur areas participated at the Batticaloa program, while the Ampara program was attended by 60 entrepreneurs from the Ampara, Pottuvil, Kalmunai and Akkaraipattu areas.Assistant Director N.M. Theseem and Senior Assistant Director of the Regional Development Department of Central Bank of Sri Lanka N.A.A. Wijesiri, Commercial Bank Regional Manager for the Eastern Region S. Ganeshan, branch managers and officers of the Development Credit Department of the bank were present at these programs. Commercial Bank has conducted programs for SMEs and micro entrepreneurs in areas such as Narammala, Galle, Monaragala, Wellawaya, Badulla, Passara, Bandarawela, Welimada, Weligama, Koggala, Karapitiya, and Matara 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 to start new businesses or expand existing ones, provide guidance on how to improve their businesses and help resolve difficulties.