Sri Lanka, July 8 -- The National Credit Guarantee Institution (NCGI) officially opened its new office on the 7th floor of HNB Towers, Colombo, yesterday (07), marking a significant expansion of its operations.

A key highlight of the event was the symbolic presentation of the institution's 2,000th credit guarantee, issued within just 15 months of operation. Through these guarantees, more than LKR 14 billion in loans has been facilitated for small and medium-sized enterprises (SMEs) across Sri Lanka. Implemented with the support of the Asian Development Bank (ADB) and the Ministry of Finance, the program aims to strengthen entrepreneurship by expanding access to finance for businesses that lack collateral. NCGI expects to increase the num...