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‘ComBank LEAP GlobalLinker’ partners IDB to support SMEs

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The Commercial Bank of Ceylon has launched a new initiative to support small and medium-sized enterprises (SMEs) via a partnership with the Industrial Development Board (IDB), the premier state organisation entrusted with the progress of the industrial sector in Sri Lanka.

The partnership will provide stakeholders of the IDB access to ‘Commercial Bank LEAP GlobalLinker’ – the Bank’s digital platform designed to empower SMEs to reach cross-border levels in the global market –  from the ‘BizConnect’ portal on the IDB’s website.

A memorandum of understanding (MoU) was signed digitally by Commercial Bank Managing Director/CEO Sanath Manatunge, IDB Chairman Dr Saranga Alahapperuma, IDB Board Member P.L.U. Rathnamalala and the CEO of Digivation Pvt Limited Sameer Vakil, to create a framework for Commercial Bank to provide services from the Commercial Bank LEAP GlobalLinker platform to any visitor to the IDB website and for the IDB to publish articles and industry-related documents on the platform to offer additional knowledge to its users.

The Bank said this direct link on the IDB website will enable the Bank to recognise those who are re-directed from it and to offer services accordingly, enhancingtheir experience and increasing the customer reach and visibility of Commercial Bank LEAP GlobalLinker.

Designed as an ecosystem that creates networking prospects across borders and within the country, ‘Commercial Bank LEAP GlobalLinker’ was developed with support from the International Finance Corporation (IFC). It is a comprehensive business ecosystem that focuses on elevating businesses through digitizing enterprises.

Developed as a sustainable business model, Commercial Bank LEAP GlobalLinker also offers a range of business services, such as legal, financial, marketing, logistics and shipping services, and provides businesses with access to various business intelligence tools.

The Industrial Development Board is a statutory body under the Ministry of Industries. It is empowered by the Industrial Development Act No.36 of 1969 and provides the strategic, technological and commercial foundation needed to encourage, promote and develop industries all over Sri Lanka.


The post ‘ComBank LEAP GlobalLinker’ partners IDB to support SMEs appeared first on DailyNews.

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