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Banks (Finance)

Seylan Bank Empowers Sri Lanka's SME Sector through National Development Forums

Strategic Insights

— 1 min read

Seylan Bank has continued its commitment to supporting the country's small and medium enterprises (SME) sector through a series of regional development forums and programs. These initiatives aim to enhance inclusivity, amplify financial literacy, support entrepreneurship, and reinforce the capacity of SMEs, aligning with the Bank's "Bank with a Heart" mission to empower the sector as a cornerstone of Sri Lanka's economy.

Key Takeaways:

  • Seylan Bank partnered with numerous organizations, including the Ceylon Chamber of Commerce, Export Development Board (EDB), and Rotary Club, to develop an empowered SME sector.
  • The bank participated as a Silver sponsor in the Sale Up program in Colombo, which provided insights into financial solutions and strategies for improving market access using digital channels.
  • The Matara program, organized in collaboration with the EDB, shed light on export readiness procedures for SMEs in the southern regions, examining international trade processes and guiding the session.
  • The initiative also explored how women entrepreneurs could amplify their business potential, with a Financial Management Programme for Women held in Gampaha, which equipped them with key financial management tools.
  • Regional SME programs, such as the North Central region's SME Program 2025, were designed to address specific needs and potentiate business growth under regional circumstances.
  • Galle's Entrepreneur Development Program, hosted in collaboration with the Rotary Club, provided training, mentorship, and networking opportunities for emerging business talent in the Southern province.
  • Seylan Bank's Assistant General Manager Marketing and Sales, Asiri Abhayaratne, emphasized the bank's commitment to transformative solutions that unlock potential and foster an ecosystem of empowerment across the nation.

Statistics:

  • No specific numerical data was mentioned in the provided text.
  • However, the bank's partnership with numerous organizations and participation in various regional development programs indicate a significant commitment to engaging with the SME sector.

Sources:

  • Seylan Bank Official Website
  • Ceylon Chamber of Commerce
  • Export Development Board (EDB)
  • Rotary Club

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