Bank of Ceylon (BOC) has extended a gamut of benefits for the development of micro and SME sector in the country. Aligned with the Government’s economic and social development goals, the bank has formulated a series of loans to assist sectors that have been adversely affected by the COVID-19 pandemic crisis.
In a media release, the bank said BOC “Divi Udana” will be focusing on sectors such as Agriculture, Fisheries, poultry and farming, trading, service sectors such as IT, innovation and entrepreneurship development, to improve business to be more environment friendly and of a similar nature projects. In order to encourage more entrepreneurs to come forth and make a significant impact on the economic development of the country, the bank provides these facilities at what “are probably the lowest interest rates in the market”. The bank will ensure that all customers are also obtain these services on agreeable terms and also conveniently.
To build customer awareness, BOC has also organised a series of awareness programmes to cover the entire island targeting intended entrepreneurs across the country.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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