ComBank to boost SME financing with IFC’s $60 m, shares riskBusinessTthe Commercial Bank of Ceylon is partnering with the International Finance Corporation (IFC), a member of the World Bank Group, to significantly expand the bank’s capacity to lend SMEs nationwide. Under this partnership, IFC will provide risk cover for a US$60 million (equivalent to over Rs. 18.5 billion) portfolio of new SME loans issued by Commercial Bank. By assuming 50 per cent of the credit risk, this facility empowers the bank to sustainably scale its lending capacity. The Risk Sharing Facility (RSF) will prioritise women-led enterprises and agri-businesses.

Source: Sunday Times January 27, 2026 05:36 UTC