Nations Trust Bank to help economic revival | Sunday Observer

Nations Trust Bank to help economic revival

Nations Trust Bank has launched a Rs. 7 billion internally generated fund dedicated to extend financial support to key industries thereby, enabling them to recommence their businesses and in turn boost the national economy.

“We have an important role to play in supporting economic revival and uplifting businesses. We believe that it is our responsibility to support the nation to overcome the economic impediments that the pandemic brought upon us. Given that it was completely unexpected, no individual or business had time to adjust to the challenges that came their way,” said Director/Chief Executive Officer of Nations Trust Bank, Priyantha Talwatte.

“Our facilities are extended across multiple industries and business sectors to help the economy at large. We are focused on providing diverse businesses much needed relief and thus supporting them at this critical hour. Most businesses can revive successfully if the right support is given immediately and thereby overcome and expand in the long term,” he said.

With the Nations Diriya support fund, the Bank will reach out to exporters under Nations Apanayana Diriya and to local manufacturers under Nations Vyapara Diriya. The facilities are designed to support corporates and Small and Medium Enterprises by offering attractive credit facilities at competitive rates. Through this initiative, Nations Trust Bank will help rebuild a range of industries engaged in direct or indirect export-oriented business and for businesses engaged in local manufacturing to help uplift the economy at large by providing the much needed financial support.