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People’s Bank launches export hubs in Kandy and Kurunegala to empower SME exporters

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People’s Bank has taken a significant step towards supporting small and medium exporters (SMEs) by inaugurating export hubs in Kandy and Kurunegala.

The inauguration ceremonies were held at the Kandy Branch and Kurunegala Super Grade Branch, officiated by Chief Executive Officer/ General Manager, Clive Fonseka. The Export Hub initiative, designed to consolidate essential services for SMEs, is set to be implemented across seven branches in seven regions throughout the country. This strategic move aims to provide SME customers with comprehensive financial solutions, all conveniently housed under one roof.

At the export hubs, SMEs will benefit from a range of services tailored to meet their unique needs. These services include credit facilities at preferential interest rates, export banking facilities, guarantee facilities, advisory services, supplementary services, and dedicated digital banking facilities such as Corporate Internet Banking specifically designed for exporters and importers.

The export hubs will play a pivotal role in fostering the growth of SMEs in the export sector by adopting a holistic approach to offering financial support. This initiative recognizes the importance of SMEs in contributing to the economic development of the country and aims to streamline their access to vital financial services.

Kandy District Secretary Chandana Tennakoon, People’s Bank’s Deputy General Manager (Channel Management) T. M. W Chandrakumara, Deputy General Manager (Enterprise Banking) Wickrama Narayana, Assistant General Manager (Corporate Banking Relationship 11) Rohan Perera, Kandy, Kurunegala, Kegalle, Anuradhapura, Polonnaruwa,Trincomalee and Wanni Regional Managers, Bank staff and customers participated in the event.

The post People’s Bank launches export hubs in Kandy and Kurunegala to empower SME exporters appeared first on DailyNews.

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