SMEs access to HK, Dubai and S’pore through HNB – Eqwtay partnership
View(s):Marking a new benchmark in the SME sector, HNB PLC has partnered with Eqwtay (HK) Ltd to offer local business equity funding facilities and access to new market places in Hong Kong, Dubai and Singapore.
The partnership will ensure HNB SME customers can integrate and access new markets with the support of Eqwtay. HNB DGM Retail and SME Banking, Sanjay Wijemanna and Eqwtay Chairman, Saliya Weerakoon were at a special ceremony to sign the MoU at HNB Towers, HNB said in a media release.
“Over the span of more than 30 years, HNB has played a pivotal role in encouraging entrepreneurs to expand their operations and investments in foreign nations. We are pleased to announce that this partnership will strengthen the nation’s export economy and further accelerate growth,” HNB DGM Retail and SME Banking, Sanjay Wijemanna said.
The partnership will give Sri Lankan SMEs the necessary support to incorporate their businesses overseas. Moreover, select SMEs will be provided with equity investments while ensuring a convenient and seamless market experience.
“We are delighted to be working with HNB, a bank with a long history of supporting SMEs in Sri Lanka. With this partnership, we hope to offer our facilities and services to grow local businesses and strengthen exporters,” Eqwtay Chairman, Saliya Weerakoon said.
Businesses will receive the necessary support to obtain trade licenses from the government, receive guidance on corporate structure and transfer pricing procedures from local business experts, maintain a banking account in any of the top 12 international currencies.
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