📈 People’s Bank Drives MSME Growth; Business Volume Hits Rs. 20.8 Bn in 2025

State-owned commercial giant People’s Bank has significantly expanded its commitment to Sri Lanka's economic recovery, positioning Micro, Small, and Medium Enterprises (MSMEs) as a long-term strategic priority. Key Performance Indicators: • Overall Volume: Total MSME business volume expanded to Rs. 20.8 Bn during 2025. • Customer Base: The bank recorded a 15.2% YoY growth in its MSME customer base. Product & Sector Breakdowns: • Renewable Energy: The 'Green Power Loan' scheme granted facilities amounting to Rs. 6.9 Bn, driving sustainable development. • Entrepreneurial Growth: The 'People’s Power Loan' registered a massive 74.6% growth within just one year of inception. • Target Sectors: Financial support was directed into national priority areas including agriculture, manufacturing & value-added production, trade & services, tourism, and construction. Inclusion & Diversity Highlights: • Funding heavily targeted vital segments for socio-economic diversification, including start-ups, youth entrepreneurs, micro-enterprises, and women-led businesses. • Women entrepreneurs received dedicated assistance via specialized refinance schemes and financial literacy programs to ensure long-term business sustainability. The bank continues to utilize its island-wide branch network to offer diverse, structured credit facilities—ranging from working capital to trade finance—aligned with the Ministry of Industries' MSME classifications.