DFCC Bank is renowned for having assisted many SMEs during their early and risky start-up stages, assisting them to reach the next level. Most have gone on to evolve into large corporations today. The Bank assists SMEs not just through monetary means but also through entrepreneur building training programmes that educate them on how to manage a business. This continued in 2018 with the “Sahaya Hamuwa” entrepreneur development programme. Twenty such programmes were conducted during the year across the country with the support of the Central Bank of Sri Lanka.
For over 60 years, DFCC Bank has been committed to nurturing entrepreneurs and small businesses, focusing not only on financial assistance, but also empowering them with the right skills and expertise. Most have gone on to evolve into large corporations today.
Continuing its legacy, in 2017, DFCC Bank launched the “Sahaya Hamuwa” entrepreneur development programmes, which focus on aiding and uplifting micro, small and medium size businesses and entrepreneurs across the island. The workshops are designed to increase the financial literacy, financial management capabilities and skills of business owners in the MSME sector.
Aside from delivering valuable training and insights that promote entrepreneurship at grass-root level, the workshops also provide an overview of the tailor-made facilities and products that DFCC Bank offers small businesses.
The ‘Sahaya Hamuwa’ workshops have helped to nurture the growth of small businesses in an array of industries ranging from agriculture, to services, industrial businesses, trade, retail, food and beverages and much more. This initiative will also continue to play a pivotal role in supporting rural economies and promoting regional development. The Government has identified MSMEs as a strategically important sector in its overall policy objectives, and the Central Bank of Sri Lanka has supported the national agenda and implemented measures to boost growth in this sector.