Business Revival and Rehabilitation Unit (BRRU)
Overview of the Business Revival Unit
ESTABLISHMENT
In accordance with the Central Bank of Sri Lanka's Circular No. 02 of 2024, SDB Bank has established a Business Revival Unit effective from 01st July 2024.
KEY OBJECTIVES OF THE BUSINESS REVIVAL & REHABILITATION UNIT
Identify and Assist Borrowers:
- Support both performing and non-performing borrowers experiencing financial or business difficulties.
- Address challenges such as reduced income, cash flows, sales, impaired operations, or temporary closures.
Revive Viable Businesses:
- Focus on businesses that are fundamentally viable but facing financial difficulties.
Provide Sustainable Benefits:
- Aim for long-term benefits for both borrowers and the Bank.
Enhance Economic Activities:
- facilitate the revival of businesses to boost economic activity.
Contribute to the National Economy:
- Support the overall development of the national economy through business recovery and growth.
CONTACT INFORMATION
For further details, customers are encouraged to contact their respective Branch Manager, or Credit Officer with information on the distress encountered and the assistance required from the Bank.
