Lankaputhra Development Bank to create IT entrepreneurs, professionals

Lankaputhra Development Bank is implementing a special loan scheme with the aim of promoting computer literacy among local entrepreneurs, professionals and public sector employees.  

Laptops could be obtained under this loan scheme for them to gain computer literacy and IT knowledge. The Scheme also serves as a boost for the government’s program aimed at promoting knowledge in Information Technology.

A Memorandum of Understanding (MoU) in this regard was signed last week at the Head Office of Lankaputhra Development Bank.  It was signed between the Lankaputhra Development Bank and E-Wis, providing for concessionary loans to entrepreneurs, professionals and public sector employees to purchase laptops.

IT knowledge is considered essential towards enhancing productivity at Government Institutions. A majority of parents lack resources to purchase laptops outright and this scheme helps overcome this obstacle by providing an opportunity to them to purchase laptops on easy payment terms.

Chairperson of the Bank, Kumudhini Kulatunga said on the occasion that they were looking into the possibility of extending this facility to private sector as well as higher educational institutions.  She noted that as a national bank, the Lankaputhra Development Bank has been vested with many national responsibilities.

The Lankaputhra Development Bank was launched with the objective of boosting the national economy.  Towards this end, the Bank has already launched several projects to benefit the small and medium entrepreneurial sectors. In addition, the Bank operates several minors’ savings accounts, offering attractive rates of interest.  Lankaputhra Development Bank also offers leasing facilities.

The Bank successfully operates branches in Colombo, Hambantota, Polonnaruwa, Kegalle, Kandy, Wennappuwa and Batticaloa and has drawn up plans to open a branch covering the Jaffna region.