Seylan Bank PLC recently entered into a memorandum of understanding with National Chamber of Exporters of Sri Lanka (NCE), reviving a strategic partnership with the NCE to boost Sri Lankan exports in global markets. Taking the first step towards a long standing journey, the agreement was exchanged on 10th February 2022, at Seylan Bank Head office with the presence of senior officials of both organizations. Through this strategic alliance, Seylan Bank PLC will support member exporters of the Chamber who are either looking to gain a foothold in overseas markets or to expand the market share they have already established.
This relationship will enable all export oriented ventures especially startups and SME Exporters to obtain a range of financial services as well as advisory needs from the bank. As foreign exchange income is a critical requirement, this partnership will serve to develop and sustain Sri Lankan exports to supply high quality products/services to the global market and increase foreign exchange earnings, ensuring the country gains financial stability. Thus, this long standing partnership will add significant value in growing exports overall, whilst securing economic stability and resilience of the country.
The partnership will make NCE members increasingly aware of Seylan Bank’s many export-friendly offerings, programs and services they can use to penetrate global markets. It will, in effect, create a virtuous cycle that benefits the country, the NCE membership, and the bank itself.
Through this partnership, NCE as the exclusive Chamber representing exporters will be able to support its members, as always by creating a stronger platform for members and the bank to interact. Our aim is to facilitate both Seylan Bank and member exporters of the Chamber through various programs conducted by us including the NCE Annual Awards, the flagship event of the NCE, a senior Chamber official stated.
“Seylan Bank is delighted to partner with the National Chamber of Exporters to support and uplift Sri Lankan Exporters. The bank is fully committed to fueling Sri Lanka’s export drive and this initiative is yet another part of the bank’s multi-pronged action plan to support, develop and sustain Sri Lankan exports and exporters. Needless to say we have also lined up an array of banking services which will benefit them.” added Kapila Ariyaratne, Director and Chief Executive Officer of Seylan Bank
Seylan Bank, the Bank with a Heart, operates with a vision to offer the ultimate banking experience to its valued customers through cutting-edge technology, innovative products, and best-in-class services. The Bank has a growing clientele of SMEs, Retail and Corporate Customers, and has over 540 access points across the country. Seylan Bank has been endorsed as a financially stable organization with performance excellence across the board by Fitch Ratings, with the bank’s national long-term rating revised to ‘A’(lka). These are a testament to Seylan Bank’s financial stability and its unwavering dedication to ensuring the consistent delivery of Service Excellence across all aspects.
The National Chamber of Exporter of Sri Lanka is the leading chamber exclusively responsible for serving the export sector with variety of services. The Membership of the Chamber represents leading exporters across all product and service sectors in Sri Lanka, ranging from Large to Small export-oriented enterprises.