Blog Archives

Extending magnitude of support for Sri Lankan prospective exporters-By Nihal Surawimala Source:Island With the unprecedented outbreak of COVID-19, almost all the economies have been jeopardized in various ways. With even the mighty economic powerhouses around the globe feeling the pain, it is no point of exaggeration, how the pandemic hindered the emerging economies including that of Sri Lanka. With the objective of revamping businesses affected by the COVID-19 pandemic, the CBSL, in consultation with the Government of Sri Lanka, has initiated various economic measures, considering the turbulent situation and constraints of repayment that have arisen with the pandemic. Bank of Ceylon, being the number one bank and premier state bank, has been in the forefront of executing the relief packages, introducing novel digital banking products to uplift the entire economy and helping Sri Lankan citizens realise their aspirations. Standing tall as a pillar of support to its valuable clientele, the ...