The Sri Lanka Export Credit Insurance Corporation (SLECIC) has partnered with DFCC Bank to promote the APARA Guarantee — an innovative product designed to support migrant workers.
The Guarantee provides coverage to Banks and financial institutions for loans granted to migrant workers to meet their cost of passage, provided they hold valid overseas employment visas.
By guaranteeing these loans, SLECIC aims to empower banks such as DFCC to extend financial assistance with greater confidence, while protecting both the worker and the lending institution from undue financial risk.
This partnership with DFCC Bank not only expands the reach of the APARA product but also sets the tone for future collaborations with other banks and financial institutions.
The signing of this agreement is more than a corporate milestone—it is a testament to how strategic thinking and public-private cooperation can bring about meaningful change in people’s lives.
