Seylan Bank Empowers Southern Farmers via SME Scale-Up Program 🌾

• Program Overview: Seylan Bank conducted an SME Scale-Up Program at Hotel Niwahana in Tissamaharama, bringing together nearly 200 farmers from across the Southern Province. The initiative focused on financial management, business upscaling, productivity improvement, and adopting digital banking solutions. • Key Concessionary Financing Schemes: - Seylan Athwela (FSSP): Offers up to Rs. 5 Mn in funding at a 5% annual concessionary interest rate for modernizing agriculture operations. - National Credit Relief and Credit Support (NCRCS): Provides 6% annual interest financing for target crops including paddy, maize, vegetables, and potatoes. • Economic Context: The initiative aims to strengthen agriculture & agribusiness SMEs, enhancing rural livelihoods, business efficiency, and sustainable economic growth.