ComBank conducts entrepreneurship development program for VTA students in Anuradhapura
Thursday October 27, 2022, 8:50 PM SL Time, Colombo Page News Desk, Sri Lanka.
October 27, Colombo: A group of 125 students pursuing various vocational training courses in Anuradhapura recently benefited from an entrepreneurship development program run by the Commercial Bank of Ceylon under the banner of its Dirishakthi Sustainable Entrepreneurships development initiatives.
The bank is organizing this event in collaboration with the Vocational Training Authority (VTA) in Anuradhapura to impart knowledge about financial literacy and business development to students after training courses in air conditioner repair, baking, beauty culture, computer hardware, electrical engineering, footwear design, Landscaping, motor mechanics and other subjects.
Designed to improve the entrepreneurial skills and marketability of learned skills of students to benefit the rural economy, the latest initiative is managed by the Development Credit Department of Commercial Bank (DCD) and its Agriculture & Micro Finance Unit (AMFU) in the region and is supported. by the Central Bank of Sri Lanka (CBSL).
Veteran speaker on financial management and business development Mr. Duminda Dissanayaka, who is also the manager of the Anuradhapura Regional Office of the Central Bank, was invited as the middle man to this event.
Commercial Bank Regional Manager – North Central Province Mr. Michael de Silva, Nochchiyagama Branch Manager Mr. Venura Dhanapala, and Vocational Training Authority Program Officer Mr. Chaminda Priyankara Wijayadasa were also present at the program, along with officials from the bank.
By 2022, the Bank’s Dirishakti Sustainable Entrepreneurship Development Program has benefited more than 250 female entrepreneurs in Wasgamuwa and Ratnapura.
Commercial Bank has been conducting awareness programs for micro entrepreneurs in different sectors of business in many areas of the country for the past 11 years, and has helped more than 11,000 entrepreneurs so far through this series.
These programs are supported by the Bank’s 19 Agriculture & Micro Finance Units that play a key role in helping the Bank identify specific needs of entrepreneurs who require assistance to develop their agriculture activities or micro businesses. These units are dedicated to promoting agriculture lending and micro finance.
The Agriculture and Micro Finance Units of Commercial Bank (AMPU) are located in Ratnapura, Narammala, Nawalapitiya, Marawila, Anuradhapura, Kilinochchi, Bandarawela, Wellawaya, Hingurakgoda, Galewela, Achchuveli, Vavuniya, Chenkalapitiya, Potharamia, Udenviliya, Akkaraipattu.
Sri Lanka’s first 100% carbon neutral bank, the first Sri Lankan bank to be listed among the top 1000 banks of the world and the only Sri Lankan bank to be listed for 12 consecutive years, Commercial Bank operates a network of 268 branches and 940 Automated machines in Sri Lanka. Commercial Bank is a leader in digital innovation in the country’s banking sector. The bank’s foreign operations include Bangladesh, where the bank operates 19 outlets; Myanmar, where it has a microfinance company in Nay Pyi Taw; And the Maldives, where the bank has a fully-fledged Tier I bank with a majority stake.