📈 NCGIL Hits 2,000-Guarantee Milestone as Commercial Bank Leads MSME Credit Scheme
• Overall Figures: The National Credit Guarantee Institution Limited (NCGIL) issued its 2,000th guarantee under the National Credit Guarantee Scheme. • Market Leadership: Commercial Bank of Ceylon has secured the dominant position under the framework, accounting for approximately 600 guarantees—nearly one-third of all facilities extended. • Disbursement Total: Commercial Bank disbursed loans totaling Rs. 2.97 Bn, the highest total loan amount among all 13 participating Shareholder Financial Institutions (SFIs). • Target Sectors: The initiative focuses on cash flow-based lending without traditional collateral to strengthen MSMEs, agriculture, and emerging sectors. • Women Inclusion: Funding extends to women-led businesses through NCGIL’s dedicated Liya Shakthi scheme, alongside Commercial Bank's Diribala facility to support national employment and enterprise growth.