ComBank’s SME fair ends on a high note Financial News

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Members of Commercial Bank’s General Management, including Group Managing Director/CEO S. Renganathan and Managing Director Sanath Manatunge, actively participated in the SME Fair

Diyatha Uyana was abuzz with local entrepreneurs at 120 stalls selling irresistible and uniquely Sri Lankan flavors, aromas and innovations at the recently hosted “SME Trade Fair 2022” by the Commercial Bank of Ceylon.

The Fair on March 29 and 30 was open to the public free of charge. Visitors enjoyed discounts of up to 50% on some of the newest and unique products from local manufacturers. The commercial bank hosted the SME fair to encourage and support local industries and their growth and to empower entrepreneurs, the bank said.

The show was also a platform for entrepreneurs and SMEs to meet and engage with other small business owners, discuss business opportunities, meet potential suppliers, meet and seek support from government agencies and participate in workshops hosted by industry experts.

The Director – Regional Development Department (RDD) Central Bank of Sri Lanka MSK Dharmawardena, Managing Director Commercial Banking and Group Chief Executive – S. Renganathan, Chief Operating Officer and Executive Director Sanath Manatunge, Director Deputy General (Personal Banking) – Delakshan Hettiarachchi and many other members of the bank’s general and senior management team were present at the event.

The Commercial Banking booth at this show was staffed with representatives from all key departments, providing information on and registering for the bank’s comprehensive suite of digital banking services for personal and business use; provide support services in exports and trade finance, provide support in retail banking services including cards and provide support in all SME related products and services.

The Commercial Bank has also enlisted the support services of a range of government institutions, including the Industrial Development Board (IDB), the Export Development Board (EDB), the Export Agriculture Department, the Small Enterprises Development Division, the Central Environmental Authority (CEA) and the Sri Lanka Sustainable Energy Authority (SLSEA) to provide assistance to prospective entrepreneurs and business owners attending the show. Representatives from these agencies interacted with attendees and answered their questions about legal frameworks, policy frameworks and business development opportunities.

The stalls displayed tempting local produce and produce such as pickles, kithul items, coconut products, processed fish products and organic poultry, spices, flour, organic rice, sausages and mushroom foods, sugar cane products, bee honey, tea, coffee and other interesting foods and beverages.

Natural cosmetics, accessories, clothing, sarees and shoes, stationery, household and electrical equipment, building materials, locally made wooden furniture and toys, lighting and lifestyle products were also part of the selection available on the stalls.


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