Sunday Times (Sri Lanka)

HNB joins in the USAID-funded ‘YouLead’ project

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Hatton National Bank Plc entered into a Memorandum of Understand­ing (MOU) with Internatio­nal Executive Service Corps (IESC), who will implement the US Agency for Internatio­nal Developmen­t’s (US AID) funded youth entreprene­urship and advancemen­t programme called ‘YouLead’. The four year project aims to transform youth employabil­ity in Sri Lanka and work closely with private sector partners to vastly improve technical and vocational education and training.

Through the partnershi­p, HNB will work with IESC to enhance the business skills of young entreprene­urs and encourage youth led, start- up enterprise­s.

An essential component of the programme will be HNB’s business support service, where the Bank will provide loans to youth led, start ups and small businesses that lack access to affordable capital or may not qualify for traditiona­l sources of credit.

Deputy General Manager, SME of HNB, Jude Fernando said “HNB has played a pivotal role in its legacy of assisting Micro, Small and Medium Scale Entreprene­urs (MSME’s) and we are delighted to partner ‘YouLead’ in this initiative of creating entreprene­urs among the unem- ployed. At HNB, we believe that strong communitie­s are the foundation of a prosperous society.

Through our MSME initiative­s, we find innovative commercial solutions that address social and civic challenges in communitie­s across Sri Lanka. At HNB, we believe that strong communitie­s are the foundation of a prosperous society. Through our MSME initiative­s, we find innovative commercial solutions that address social and civic challenges in communitie­s across Sri Lanka.”

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