Seylan Bank Disburses Rs. 1.2 Bn to MSMEs under "Atha Hitha" Scheme 📈

Seylan Bank has successfully hit its 2025 disbursement target of Rs. 1.2 billion across 90 loans, supporting the national MSME recovery strategy. Following this performance, a new allocation of Rs. 1 billion has been granted for early 2026. • Loan Terms & Interest: Financing up to Rs. 25 million is now available at a reduced concessionary rate of 5% per annum (down from 7%). Working capital loans carry a 3-year tenure, while investment/construction loans extend up to 10 years with an optional 1-year grace period. • Sector Focus: Funding is restricted to high-impact sectors including manufacturing, agriculture, fisheries, tourism, apparel, and export-oriented industries. Trading and leasing activities are excluded to prioritize value-added production. • Support for Women-Led Enterprises: A dedicated credit guarantee covers 80% of the loan for businesses with majority female ownership or management, featuring a reduced risk premium (0.5% - 1.25%) to drive inclusive growth. • Eligibility Criteria: Open to registered MSMEs with an annual turnover below Rs. 1,000 million and fewer than 200 employees. Strategic Impact: This initiative, funded by the Finance Ministry, strengthens the MSME sector—a critical driver of employment—by providing affordable liquidity for both operational needs and long-term capital investments.