Commercial Bank enhances understanding of southern rice millers with awareness programme
View(s):The Commercial Bank of Ceylon recently conducted a programme to enhance the proficiency in rice milling of rice millers in the deep south of Sri Lanka under the bank’s initiative to assist micro businesses and SMEs countrywide by providing them with essential knowledge.
The programme, organised by the bank’s Tissamaharama Agriculture and Micro Finance Unit (AMFU) with the assistance of the Bank’s Ambalantota, Hambantota and Tissamaharama branches, benefitted 40 rice millers with knowledge on developing their rice mills and optimising their resources. It was conducted in collaboration with the Central Bank of Sri Lanka (CBSL), Inland Revenue Department and the Institute of Post-Harvest Technologies, the bank said in a media release.
Officials of the Central Bank conducted a session on financial literacy development covering fund management, the difference between formal and informal sector borrowings, how to identify legal tender notes, the Central Bank’s loan schemes and characteristics of Pyramid systems.
Representatives of Institute of Post Harvest Technologies covered key aspects of effective paddy storing by explaining some of the techniques of modern paddy storing methods, how to reduce post-harvest losses, how to enhance profitability and new machiney.
The Commercial Bank has conducted similar programmes for SMEs and micro entrepreneurs in areas such as Narammala, Galle, Moneragala, Wellawaya, Badulla, Passara, Bandarawela, Welimada, Weligama, Koggala, Karapitiya, Matara, Batticaloa,Ampara, Kurunegala, Jaffna, Vavuniya, Hingurakgoda and Kandy in the recent past.