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Sri Lanka-based Hatton National Bank(HNB) has selected Finacle Trade Connect to enable a blockchain-based domestic and cross-border trade finance network. The Finacle Trade Connect solution will be used by HNB to pilot a trade network with other corresponding banking partners...
#bank#blockchain#risks
The Government of Sri Lanka launched “Empower,” its latest effort to assist small and medium-sized enterprises... (more…)
#guarantees#interest rates#international
The ability of small and medium-sized enterprises (SMEs) to establish themselves and scale their operations is integral to Sri Lanka…
#ADB#bank#international
Sri Lanka has decided to obtain an additional financing through a loan of US$75 million dollars from the Asian Development…
The Asian Development Bank’s (ADB) Board of Directors has approved US$75 million in additional financing to... (more…)
#ADB#Asian Development Bank#bank
Financial organization ...Finance PLC celebrated the opening of a new branch in... (more…)
#bank#financial services#i
...is set to launch a mandatory takeover offer (MTO) for Sri Lanka-listed finance firm... (more…)
#acquisition#bank#digital
Seylan Bank has announced that it has added factoring to its portfolio of services (more…)
#bank#smes
Malaysian receivables finance firm invited to assist with Sri Lanka Ministry of Finance plans (more…)
#Access to Finance#receivables#smes
National Development Bank opens first digital branch in Kandy, aims to offer wide array of small business products (more…)
#bank#digital#SME financing
Credit line facility to offer special financial incentives to energy efficient small businesses (more…)
#bank#funding#small businesses
Finance Corporation provides supplier finance line to Sri Lanka based apparel exporter. (more…)
#bank#international#MAS
GT Nexus powers IFC Supplier Financing for Sri Lanka's leading apparel manufacturers. (more…)