The Commercial Bank of Ceylon has launched a new initiative to support small and medium-sized enterprises (SMEs) via a partnership with the Industrial Development Board (IDB), the premier state organisation entrusted with the progress of the industrial sector in Sri Lanka.
The partnership will provide stakeholders of the IDB access to ‘Commercial Bank LEAP GlobalLinker’ – the Bank’s digital platform designed to empower SMEs to reach cross-border levels in the global market – from the ‘BizConnect’ portal on the IDB’s website.
A Memorandum of Understanding (MoU) was signed digitally by Commercial Bank Managing Director/CEO Sanath Manatunge, IDB Chairman Dr Saranga Alahapperuma, IDB Board Member P. L. U. Rathnamalala and the CEO of Digivation (Pvt) Limited, Sameer Vakil, to create a framework for Commercial Bank to provide services from the Commercial Bank LEAP GlobalLinker platform to any visitor to the IDB website, and for the IDB to publish articles and industry-related documents on the platform to offer additional knowledge to its users.
