Union Bank partners SLCSMI to enhance SME reach

Wednesday, 31 July 2013 00:00 -     - {{hitsCtrl.values.hits}}

Union Bank of Colombo PLC announced that the bank has partnered with the Sri Lanka Chamber of Small & Medium Industries (SLCSMI) to add value to the SME sector. Union Bank Chief Manager Marketing, Thishani Dissanayake stated that this partnership enables the bank and the SLCSMI to add further value to the growing SME sector by enhancing its reach to several new areas in the country. Through this partnership, Union Bank will offer its “Viyaparika Saviya” SME Club members a range of benefits which will also include free access and membership to the SLCSMI. She further stated that Union Bank has a branch network of 40 branches and its rapidly expanding branch network will provide SMEs in all provinces the affiliation and the opportunity to gain support from the SLCSMI and their activities. According to Sri Lanka Chamber of Small and Medium Industries President, Aloy Jayawardene: “This partnership with Union Bank will further enhance our commitment to the small and medium entrepreneurs in the country. Through Union Bank’s SME Club, the Chamber will offer SMEs advisory and training for the effective development of their businesses, the opportunity to participate in national and international trade activities and support with policy issues at government forums. Members will also be afforded the opportunity to network with members of the SLCSMI from all provinces to develop and grow business partnerships.”  Jayawaradene also stated that the SLCSMI has served the SMEs in Sri Lanka for over 50 years and this partnership marks yet another milestone to take the Chamber’s vision across new areas in Sri Lanka to develop and support the growth of SMEs. Union Bank has evolved as one of Sri Lanka’s fastest growing banks focusing on the small and medium enterprises and retail sectors. The Union Bank and SLCSMI partnership will help further strengthen the bank’s focus in the SME sector and continue to aggressively develop a robust structure to absorb new opportunities in the SME sector.