23. November 2024
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Anglostratits
August 10, 2021
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Banking

UK’s CDC Group commits $50 million to ComBank to bolster SME lending and Climate projects

8min
      Facility to target funding directly at underserved SMEs, boost jobs and promote economic and social inclusion across Sri Lanka Supports development of clean energy efficiency initiatives, underpinning Sri Lanka’s commitment to the Paris Agreement Commitment marks CDC’s first climate investment in Sri Lanka and its first direct investments in the country since […]
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July 15, 2021
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BankingBusiness & Economy

CDC Group announces US$50m trade finance facility with Ecobank as part of its Covid-19 response

5min
      This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually LONDON, United Kingdom, July 15, 2021/ — Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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