RDB Bank empowers entrepreneurs in North

Monday, 9 June 2025 00:19 - - {{hitsCtrl.values.hits}}

RDB Bank, recognised as the country’s leading State-owned development bank, has launched a program aiming to empower the national economy by creating 15,000 entrepreneurs at the Grama Niladhari divisional level.

As part of this national initiative to contribute to the economy through these entrepreneurs, a program to mobilise potential entrepreneurs in the Northern Province was held on 15 and 16 May.

At this program, initial discussions were successfully held to obtain the participation of the National Entrepreneurship Development Authority, the Industrial Development Board, and other Government institutions to implement the entrepreneur identification program covering all Grama Niladhari Divisions of the Vavuniya, Kilinochchi, Mannar, Jaffna and Mullaitivu districts in the Northern Province, and through this, programs were prepared to identify 1,000 entrepreneurs as the first phase.

A comprehensive program to strengthen the national economy by transforming fishermen into fishermen entrepreneurs was also implemented during the two days, targeting the fishing community in the Mannar, Jaffna, Kilinochchi, and Mullaitivu areas, in collaboration with Cey-Nor Foundation Ltd. and North Sea Ltd.

A notable number of major industrialists participated in the entrepreneur summit held for industrialists in the Northern Province. Here, the bank’s plans to implement training programs for entrepreneurs were explained and the program was appreciated by the entrepreneurs. Attention was also drawn to implementing a comprehensive program to reduce rural poverty by creating entrepreneurial clusters around strengthened key entrepreneurs under this program.

This program was implemented under the leadership of the Entrepreneurship Development Division of the Head Office of the bank, the North Central Provincial Office, and the Northern Provincial Branch Network.