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Saturday, 3 December 2011

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IFC, Com Bank in US $ 65 m facility for SMEs

The International Finance Corporation (IFC), a member of the World Bank Group, has extended a seven-year, US$ 65 million (Rs 7.4 billion) financing facility to the Commercial Bank of Ceylon PLC to expand the latter’s lending to Small and Medium Enterprises (SME).

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Abans ties up with Scicom for BPO, KPO services

Abans (Private) Limited recently entered into a joint venture agreement with Scicom (MSC) Berhad to provide Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO) services, including training and education services in customer contact management to the domestic Sri Lankan market, including the provision of these services for a global market place.

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HNB partnership to empower youth skills

Empowering the youth of Sri Lanka, the Hatton National Bank (HNB) entered into partnership with eight leading corporate businesses to broadbase opportunities for youth under its Yauwanabhimana initiative.

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NCCSL Business Excellence Awards : The eighth annual National Business Excellence Awards ceremony conducted by National Chamber of Commerce of Sri Lanka, was held at the Colombo Hilton last Thursday. The extra large category gold award winner was Diesel and Motor Engineering Company (DIMO) while the silver was won by Lanka Orix Leasing Company (LOLC). Sri Lanka Telecom-Mobitel won the bronze. Here, winners DIMO Chairman Ranjith Pandithage flanked by Mobitel Senior General Manager Nishantha Weerakoon and LOLC Group CEO and Managing Director Kapila Jayawardena. Asian Development Bank Country Director Rita O’ Sullivan was the chief guest. Sri Lanka Telecom-Mobitel was the principal sponsor. Picture by Saliya Rupasinghe



 
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