Lankaputhra Development Bank signs MoU with Jagath Enterprises
The Chairperson Lankaputhra Development Bank, Kumudiniy
Kulathunga hands over the MoU to the Chairman of Jagath
enterprises M.L. Jagath Sisirakumara while General Manager/
CEO Lasantha Amarasekera, AGM, Credit Ranjith Dissanayake,
Chief Financial Officer
Sumeda Edirisuriya , Senior Manager Human Resources Gamunu
Samarawickrama and Manager Polonnaruwa Branch Rahula
Senanayaka and Deepika Navarathna Manager Marketing and BD
is in picture. |
Lankaputhra Development Bank signed an Memorandum of Understanding
(MoU) with Jagath Enterprises to support the agricultural based
industries in the East and the North Central Provinces.
The agricultural community faces many difficulties when purchasing
machinery and equipment. Lankaputhra Development Bank has identified the
difficulties and signed the MoU with Jagath enterprises to support and
uplift the agricultural community.
The MoU would help eliminate the difficulties by giving loans to
purchase machinery at concessionary rates. The MoU would permit farmers
as well as self employed persons in the agricultural sector to purchase
machinery and equipment such as hand tractors, special cycles to
transport liquid milk at concessionary rates.
This scheme supports the Nagenahira Navodaya and the Polonnaruwa and
Batticaloa branches of Lankaputhra Development Bank will provide all
facilities to obtain loans under this scheme.
Lankaputhra Development Bank a fully fledged government Bank was
opened to strengthen the local economy by supporting the entrepreneurs
of the country. The bank has initiated many loan schemes to support the
Small and Medium scale entrepreneurs in the country. In addition to the
savings scheme for children with attractive interest rates, leasing and
pawning services are also offered by the bank. At present the bank has
branches in Colombo, Hambantota, Polonnaruwa, Kegalle, Kandy,
Wennappuwa, Trincomalee and Batticaloa. The bank is planning to open
branches covering all Districts in future to cater to the needs of our
valued customers in the region.
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