IFC, NTB help small businesses become competitive
Sri Lanka is a priority country for IFC. IFC's committed portfolio of
$180m covers projects in infrastructure, tourism, renewable energy,
finance, and health care. IFC also provides advisory services to promote
sustainable growth among small and medium enterprises by facilitating
access to finance and offering capacity-building and training
IFC, a member of the World Bank Group,is working with Sri Lanka's
Trust Bank to help up to 30,000 small business owners become
competitive through a series of advisory interventions, sharpening their
readiness to access new markets.
With IFC's advisory assistance, the bank has strengthened its
institutional capacity over the last two years to expand product
portfolio, service small business clients, and increase access to
financial services for them.