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Reinforcing its longstanding commitment to Sri Lanka’s private sector, the International Finance Corporation (IFC), a member of the World Bank Group, today announced a high-impact investment programme of US$166m to support Sri Lankan businesses and accelerate the country’s transition from...
#trade finance
Sri Lanka has launched a comprehensive financial support program to revitalise the small and medium enterprise (SME) sector. According to…
#liquidity#Ministry of Finance#SME loan scheme
HNB PLC, Sri Lanka’s top private retail bank, has launched TxB TradeX, a next-generation digital trade finance platform, in partnership…
#digital trade finance platform#Finastra#HNB
LOLC Al-Falaah, a leading provider of alternative financial solutions in Sri Lanka, has launched "Al-Falaah Wakalah Future-Cash," the country’s first…
#Al-Falaah Wakalah#factoring#factoring facility
NDB Bank has launched TradeLinc, a new in-house platform designed to provide Sri Lankan businesses with supply chain financing (SCF)…
#digital SCF platform#fintech#NDB Bank
Seylan Bank has expanded their financial services with ‘Seylan Factoring’, a tool that allows businesses to raise liquidity based on…
#Cash flow#factoring#Seylan Bank
The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance…
#SME lending#supply chain finance
The Asian Development Bank (ADB) has approved a US$100m loan to provide SMEs in Sri Lanka more access to finance…
#ADB#guarantees
Merchant Bank of Sri Lanka & Finance PLC (MBSL) recently signed an agreement with ... (more…)
#receivables management
The Asian Development Bank (ADB) has provided a guarantee for a US$25m trade loan to the... (more…)
#ADB#Asian Development Bank
HSBC has revealed that it is launching a web-based supply chain platform specifically for... (more…)
#bank#blockchain#invoice
HSBC Sri Lanka which is investing to transform Sri Lanka’s trade finance sector with tech and innovation, got... (more…)
#bank#invoice#management
With its strong ethos of nurturing and fostering micro and SMEs in the country to... (more…)
#bank#business finance#emerging markets