Lankaputhra Development Bank signs MoU with Metropolitan

Lankaputhra Development Bank is implementing a special loan scheme with the aim of promoting computer literacy among local entrepreneurs, professionals and public sector employees. Laptops could be obtained under this loan scheme for them to gain computer literacy and IT knowledge. The scheme also serves as a boost for the Government’s program of promoting knowledge in information technology.

A Memorandum of Understanding (MoU) in this regards was signed recently at the Lankaputhra Development Bank. It was signed between the Lankaputhra Development Bank and Metropolitan Computers (Pvt) Ltd., providing for concessionary loans for entrepreneurs, professionals and public sector employees to purchase laptops. IT knowledge is considered essential towards enhancing productivity at Government institutions. A majority of parents lack financial capacity to purchase laptops outright and this scheme helps overcome this obstacle by providing an opportunity to them to purchase laptops on easy payment terms.

Lankaputhra Development Bank is a fully fledged Government bank, opened to strengthen the local economy by supporting the entrepreneurs of the country. The bank has initiated many loan schemes to support the small and medium entrepreneurs in the country, such as project loans, micro finance loan scheme, ‘Sarusara’ (NCRCS), Saubagya loan scheme and Jayadiri special loan scheme.

Apart from these loan schemes, the bank offers Shasthree higher education loan scheme, Laksaviya leasing facility and Laksahana pawning facility. Several savings schemes including Lakmuthu children’s savings are on offer for the younger generation with attractive rate of interest. At present, the bank has branches in Colombo, Hambantota, Polonnaruwa, Kegalle, Kandy, Wennappuwa, Batticaloa and Trincomalee. The bank is planning to open a branch in Jaffna to cater to the needs of their valued customers in the region.