Sri Lanka: Strengthening the Regional Development Bank Project
SHARE THIS PAGE
This Sri Lanka project brief analyzes how ADB provided a $50 million loan to the state-owned Regional Development Bank (RDB) to unlock much-needed financing for the micro, small, and medium-sized enterprises (MSMEs) central to the country’s growth.
Detailing the financing hurdles faced by MSMEs, it explains how inadequate education often makes it harder for women to get credit to expand their enterprises. Outlining why banks are missing out on MSME lending, the brief describes the innovative structure of the RDB loan, illustrates the benefits of digitization, and uses case studies to show how financing helps entrepreneurs strengthen their businesses.