People’s Bank launched the Export Hub concept recently to support SME sector exporters.
The first ever ‘Export Hub’ of the Bank was opened at the People’s Bank, Nugegoda branch last week. Initially, this concept will be implemented at seven branches in seven regions across the country.
Chairman of People’s Bank, Sujeewa Rajapakse said, “Small and Medium Scale entrepreneurs play a pivotal role in shaping our country’s future by providing employment opportunities, creating innovation and supporting the growth of the economy. SMEs comprise more than 75% of enterprises in Sri Lanka and account for more than 20% of our exports, providing 45% of employment and 52% of our GDP. We as a Government Bank understand the different requirements of the Entrepreneurs and our aim is to empower SMEs of Sri Lanka through this novel concept.”
Acting Chief Executive Officer/General Manager of People’s Bank, Clive Fonseka said, “Our staff at the Export Hubs have been well trained and provided with expertise and knowledge to facilitate the customer requirements with the objective of providing convenient service to the customers.
“Successes in the SME sector will generate more local employment opportunities and sustainable foreign currency inflows that will contribute to the economy of our country.”
People’s Bank Chairman Sujeewa Rajapakse, Acting CEO and General Manager Clive Fonseka, DGM, Trade Finance, A.S.M.V. Kumarasiri, DGM, Enterprise Banking, Wickrama Narayana, DGM, Channel Management, T.M.W. Chandrakumara, Head of Marketing N.H. Wijayawardana and members of the Corporate and Executive Management of People’s Bank and bank staff and customers were present.
Export Hubs provide total financial solutions including special rates, banking facilities, guarantee facilities, advisory and consultation, supplementary services and digital channels designed for exporters and importers.