Category: Business

  • Sri Lanka’s Commercial Banks Deplete MSME Loan Quotas; Ministry to Infuse New Funds

    Sri Lanka’s Commercial Banks Deplete MSME Loan Quotas; Ministry to Infuse New Funds

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    FINANCIAL CHRONICLE – Three of Sri Lanka’s private commercial banks have already exhausted their current loan quotas for micro, small, and medium enterprises (MSMEs), and the government is looking to make additional allocations, Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe has said. “Currently, Commercial Bank, HNB, and NDB have fully exhausted their loan

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