CBSL registers Grameen

The Central Bank of Sri Lanka (CBSL) has registered Grameen Micro Credit Co Ltd as a Registered Finance Company under the Finance Company Act No 78 of 1988. For over 10 years Grameen Micro Credit Co Ltd has been in the forefront in providing small-scale collateral free loans to the poorest of the poor for self-employment projects.

Grameen Micro Credit will continue to be in micro financing in Sri Lanka in strength to the self-employed poorest segment of the society to uplift their standard of living. Grameen Micro Credit Co Ltd will continue play a leading role in contributing its services to the rural and urban economic development by providing collateral free loans without guarantors to the deserving poor.

Grameen Micro Credit Company has a wide branch network covering every nook and corner of Sri Lanka.

It serves its members (borrowers) through 46 branches including Jaffna, Nelliadi, Mannar, Vavuniya, Potuvil, Ampara, Batticaloa, Trincomalee, in the North and East regions, Badulla, Bandarawela, Nuwara Eliya and Hatton in the Central, Anuradhapura, Medawachchiya and Padaviya in the North Central Region Puttalam to Hambantota in the coastal area and Colombo, Homagama, Kaduwela in the city and suburbs to name a few.