MBSL host interactive business awareness event

Merchant Bank of Sri Lanka hosts interactive Business awareness in Galle and Kandy as a way forward to all 30 branches Island wide

A seminar on assisting entrepreneurs on methods of ‘increasing business profitability and investment returns’ was held at the Lighthouse Hotel, Galle, recently hosting 30 participants and Swiss Residence, Kandy, with 50 attendees. The programme reflected the urgent need to be better prepared for the challenging business environment and the need to make use of the opportunities available through the various financial advisory avenues on offer.

A diverse audience from small and medium enterprises in the business community attended the seminar including senior Government officials, members of the banking and financial sectors, academics and researchers. The interactive business awareness itinerary highlighted increasing profitability in existing businesses, improving the saving and deposit base of enterprises, financial restructuring, fund arrangement to expand business, preparing investment/business proposals, business/corporate plans, methods of procuring loan facilities, facing competitive markets efficiently and effectively and the advisory services in various areas of business offered by MBSL.

“Developing the domestic business infrastructure, especially making ground-breaking new strategic ventures more viable, efficient and attractive, is an effective way for the business fraternity to involve themselves in emerging market economies. This will reduce their indebtedness help increase profitability in such ventures, which will in turn have various beneficial effects on the private sector, facilitating funding and risk management, and through these channels help stabilize the economy and enhance growth,” said A.M.A. Cader DGM Corporate Advisory and Capital Markets.