{
  "id": 6828933,
  "title": "National Credit Guarantee Institution Limited issues milestone 2,000th Credit Guarantee to Commercial Bank",
  "url": "https://urgent.news/2026/09/11/national-credit-guarantee-institution-limited-issues-milestone-2",
  "topic": "world",
  "section": "World",
  "published": "2026-09-11T23:45:45.000Z",
  "source": {
    "name": "The Island Sri Lanka",
    "slug": "the-island-sri-lanka",
    "url": "http://island.lk/national-credit-guarantee-institution-limited-issues-milestone-2000th-credit-guarantee-to-commercial-bank/"
  },
  "original_language": "en",
  "account": "The National Credit Guarantee Institution Limited (NCGIL) recently issued its 2,000th credit guarantee to the Commercial Bank of Ceylon, marking a significant milestone in the country's financial landscape. The Commercial Bank of Ceylon has demonstrated its market leadership by disbursing the highest total loan amount among all participating financial institutions under the National Credit Guarantee Scheme.\n\nThis achievement is a testament to the Commercial Bank's unwavering commitment to supporting micro, small, and medium enterprises (MSMEs) across Sri Lanka, with a particular focus on empowering women-led businesses through the 'Liya Shakthi' scheme launched by NCGIL. The Commercial Bank has extended loans amounting to Rs. 2.97 billion, making up nearly a third of all facilities under the National Credit Guarantee Scheme.\n\nS. Ganeshan, Deputy General Manager - Personal Banking at Commercial Bank, expressed his satisfaction with this milestone, highlighting the strength of the national framework and the resilience and potential of entrepreneurs in Sri Lanka. The bank's deep commitment extends beyond providing capital, as they strive to enable sustainable growth for SMEs through innovative partnerships and tailored solutions that go beyond traditional lending practices.\n\nThe Commercial Bank's focus lies in providing capital while also offering advisory support, capacity building, and financial inclusion initiatives to create lasting economic impact. This milestone achieved by the Commercial Bank of Ceylon under the National Credit Guarantee Scheme underscores the crucial role financial institutions play in fostering economic growth and development in Sri Lanka.",
  "summary": "The Commercial Bank of Ceylon has reinforced its market leadership under the National Credit Guarantee Scheme, having disbursed the highest total loan amount among all participating financial institutions. The milestone was celebrated with the National Credit Guarantee Institution Limited (NCGIL) issuing its 2,000th guarantee to Commercial Bank, in recognition of the Bank’s dominant contribution…",
  "key_points": [
    "NCGIL issues 2,000th credit guarantee to Commercial Bank of Ceylon",
    "Commercial Bank disburses highest total loan amount under National Credit Guarantee Scheme",
    "Bank supports MSMEs, focusing on women-led businesses through Liya Shakthi scheme"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}