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Relief for Northern businessman

Jun 14, 2010 11:57:37 AM - itnnews.lk

Measures are in place to provide relief to the Northern Businessmen, whose industries were affected due to terrorism.

Governor of the Central Bank Ajith Nivard Cabral said the Northern businessmen are facing hardship in obtaining fresh loans since their businesses and properties were destroyed. Therefore they have been unable to provide collateral when requesting for loans. The Northern businessmen are also finding it difficult to repay loans. Therefore the Central Bank Chief opined that an accelerated programme will be launched to assist the Northern entrepreneurs set up business ventures.