ComBank Disburses over Rs. 14 Bn for MSME Support 📈

Commercial Bank of Ceylon (ComBank) has reaffirmed its position as Sri Lanka's leading lender to the MSME sector, announcing significant disbursements aimed at national economic recovery. • Overall Figures: Total disbursements reached over Rs. 14 Bn through 11,869 loans during the 15-month period ending 31 March 2026. • Government Schemes: Successfully utilized the initial Rs. 1 Bn allocation under the Government-backed MSME Re-energising Scheme (Re-MSME). An additional Rs. 1 Bn has been allocated, with 50% already disbursed. • Key Sectors: Funding targeted agriculture, disaster relief, working capital, and SME refinancing. In 2024 alone, the bank disbursed a total of Rs. 330.9 Bn to the SME sector. • Rural & Agri Focus: Restructured microfinance operations into a three-pillar ecosystem serving 23,000 clients via 73 Agriculture and Microfinance Units. Initiatives include an Agri Modernisation Village Program to promote smart technology adoption. • Development Ecosystem: Includes specialized units for women’s banking, business rehabilitation, and AI-powered credit underwriting to enhance financial inclusion and market access for entrepreneurs. _Note: Data based on bank disclosures for the period Jan 2025 – March 2026._