NDB Bank empowers Khanthmi Sports Workshop and Exports

Monday, 24 November 2025 03:12 - - {{hitsCtrl.values.hits}}

In a continued effort to empower Sri Lanka’s small and medium enterprises (SMEs) and indirect exporters, NDB Bank has extended a credit facility to Khanthmi Sports Workshop and Exports, a rising player in the country’s sports goods manufacturing sector.

This facility was granted under the National Credit Guarantee Institution Ltd., (NCGI) loan guarantee scheme, enabling the business to expand operations without the traditional constraints of collateral.

Khanthmi Sports Workshop and Exports, engaged in the manufacture and indirect export of high-quality cricket bats, recently inaugurated its new workshop—an important milestone in its journey of growth and innovation. The expansion marks a significant step towards enhancing production capacity and strengthening Sri Lanka’s presence in the global sports equipment supply chain.

By leveraging the NCGI guarantee mechanism, which provides collateral-free access to finance, NDB Bank has reaffirmed its commitment to creating inclusive pathways for entrepreneurs and SMEs. This support enables businesses like Khanthmi Sports to channel their resources towards scaling operations, adopting modern technology, and contributing to export growth, while building resilience in an increasingly competitive market.

A representative from NDB said: “NDB has always recognised SMEs and exporters as key drivers of Sri Lanka’s economy. Our partnership with the NCGI allows us to extend timely and effective financial support to businesses that require an extra push to reach their full potential. We are proud to stand alongside Khanthmi Sports Workshop and Exports as they continue to grow, innovate, and carry Sri Lanka’s sporting heritage into international markets.”

Through this partnership, NDB continues to demonstrate its role as a nation-building bank, dedicated to fostering entrepreneurship, empowering SMEs, and strengthening Sri Lanka’s export economy. With innovative collaborations such as those with the NCGI, the bank remains committed to driving sustainable economic progress and supporting businesses that contribute to the country’s long-term prosperity.