All News and Announcements

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News

New Secured Transactions Registry to Help Expand Financing for Small Businesses in Sri Lanka

The newly established Secured Transactions Registry aims to facilitate the use of moveable assets as collateral for loans while ensuring financial stability and fostering economic growth in Sri Lanka.

News

USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services

This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.

News

Commercial Bank of Ceylon Launches a Digital Marketplace to Help Sri Lanka’s Small Businesses

The International Finance Corporation is supporting the Commercial Bank of Ceylon to launch a digital marketplace in Sri Lanka, which will help business owners connect with more customers locally and abroad.

News

Silatech Launches Project to Support 89,000 Youths in Cambodia, India and Sri Lanka

The three-year project aims to eliminate barriers in access to finance for young entrepreneurs, create income generation opportunities and promote financial inclusion and growth.

News

Sri Lanka’s Alliance Finance Gets $5M From EMF Microfinance Fund

The $5 million loan from EMF Microfinance Fund AGmvK will be used for on-lending to micro, small and medium enterprises.

News

Microfinance Sector Undergoes Reforms Despite Present Cash Crunch

The new reforms plan and package of proposals with special focus on poor rural women will be presented to the Parliamentary Select Committee on Gender Equality within a month.

News

Central Bank of Sri Lanka and IFC Launch the Country’s First National Financial Inclusion Strategy to Boost Financial Inclusion for All

The new strategy highlights Sri Lanka's gains in boosting access to financial services, and particularly, on areas of improvement to ensure usage and full financial inclusion in the country.

News

IFC’s $25 Million Investment in Nations Trust Bank to Help Sri Lankan Businesses Continue Operations, Preserve Jobs Amid COVID-19

The financing package will be used by Nations Trust Bank to help small and medium sized enterprises and corporates to stay afloat during the ongoing public health crisis.

News

IFC and AIA Sri Lanka Partner to Increase Sri Lankan Women's Access to Insurance, Create More Jobs

Under the agreement, IFC will help AIA Sri Lanka develop a women's insurance program strategy and suitable products for Sri Lankan women.

News

Sri Lanka: ComBank Receives $ 50m Equity from IFC

This is the first foreign equity placement by Commercial Bank, the first post-pandemic equity placement by the IFC and is one of the largest foreign investments into Sri Lanka since the start of the COVID-19 pandemic.