Granting of ‘Enterprise Sri Lanka’ loans to the entrepreneurs in the North took place at the Kokuvil Service Centre under the patronage of People’s Bank Chairman Hemasiri Fernando.
The loan scheme, at concessionary interest rates, was introduced by the Government to encourage and strengthen Small and Medium Scale Enterprises (SME) and the commercial sector in general.
Under this program, the Bank offers loan facilitates to micro, small and medium scale entrepreneurs to construct business premises, purchase machinery and equipment and services required for agriculture industries, solar power units, media equipment, touristic services and Guest House construction as well as school buses.
People’s Bank has opened a dedicated loan counter in all branches islandwide to provide hassle-free and convenient loan service under concessionary interest rates.