• About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact
Friday, 2 June 2023
28 °c
Colombo
27 ° Mon
27 ° Tue
27 ° Wed
26 ° Thu
Sri Lanka News - BusinessNews.lk
  • Home
  • News
    • Local
    • Developments
    • Sports
    • World
    • Weather
  • Business
    • Banking & Insurance
    • Corporate
    • CSR
    • Economy
    • Entrepreneur
    • Financial
    • Travel
    • Budget
  • News – Sinhala
    • Business – Sinhala
  • Entertainment
    • Mobile
    • Technology
    • Vehicle
    • Things to do
No Result
View All Result
Sri Lanka News - BusinessNews.lk
Home Business News Biz Just In

ComBank partners Moratuwa University to support academic research

by Editor
28 July, 2021
in Biz Just In, Business News, News
2 min read
365 4
Commercial Bank of Sri Lanka - ComBank

Commercial Bank of Sri Lanka - ComBank

325
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The Commercial Bank of Ceylon has come forward to provide a stimulus for academic research in Sri Lanka via a ground-breaking collaboration with the University of Moratuwa (UoM), the country’s leading provider of technological higher education.

Sri Lanka’s largest private bank has announced it is partnering with the University to offer education loans with preferential interest rates and other benefits to postgraduate research students.

The first lending institution in the country to specifically support research candidates accepted into UoM’s research programs, the Bank said it will provide education loans of up to Rs 500,000 with an annual interest rate of 9.5%. The tenure for these loans will be six years, including a three-year grace period.

The Bank’s special loan scheme also offers fee waivers and affordable repayment structures that include an interest-only grace period, to enable this student segment to finance program fees with peace of mind and focus on research goals without being burdened with loan commitments, the Bank said.

Commenting on the launch of this special loan scheme, Commercial Bank Chief Operating Officer Mr Sanath Manatunge said: “We recognize that the Sri Lankan student research community requires financial backing. With the introduction of this special loan scheme, we hope more students will be encouraged to participate in research that will contribute towards the expansion of the knowledge base in the country and inspire innovation.”

“Research programs are an integral part of academic activity contributing to the development of any country. They demand unrelenting commitment, determination, and passion from students,” observed Professor Niranjan Gunawardena, Vice Chancellor of the University of Moratuwa. “We are delighted that Commercial Bank is on board to help our students with financial support, the lack of which could be a stumbling block to their aspirations, and by extension, hamper the progress of particular fields of study.”

The University of Moratuwa will promote this scheme to candidates who have been accepted to enroll in its research programs. Selected research students can apply for education loans under the special scheme from any of Commercial Bank’s branches. Acceptance to the research programs does not guarantee approval of the facility and applications will be treated in accordance with the standard credit evaluation criteria, the Bank said.

More News:

John Keells Properties welcomes new residents to The Suites at Cinnamon Life

Tags: Bank News Sri LankabnslBusiness News Sri LankaComBankLkaSri Lanka NewsSriLanka
Share130Tweet81

Related Posts

Hambantota International Port Welcomes Two Cruise Ships for Tourist Visits
Business News

Hambantota International Port Welcomes Two Cruise Ships for Tourist Visits

10 May, 2023
Dr. Bandula Gunawardana
Business News

Sri Lanka and Thailand to Finalize Free Trade Agreement by Q1 2024 – Min. Bandula Gunawardana

10 May, 2023
International Monetary Fund (IMF) Sri Lanka
Local News

Sri Lanka Requests Debt Treatment at Official Bilateral Creditors Committee Meeting

10 May, 2023
President Media Division - PMD
Local News

“Aswesuma” welfare benefit payment to commence from 01 July – PMD

10 May, 2023
Aadaraya Ceylon opens new flagship store in Colombo 07
Business News

Aadaraya Ceylon opens new flagship store in Colombo 07

9 May, 2023
European Union (EU)
Local News

European Union will brief Sri Lanka on the new cycle of GSP regulation to be adopted for 2024-2033

9 May, 2023

RECENT

European Union (EU)

European Union will brief Sri Lanka on the new cycle of GSP regulation to be adopted for 2024-2033

9 May, 2023
The World Bank

Sri Lanka to hold discussion with World Bank to secure a $200 million loan for social security programs

9 May, 2023
Prime Minister Urges Fisheries Sector to Boost Exports to Meet High European Demand for Fish

Prime Minister Urges Fisheries Sector to Boost Exports to Meet High European Demand for Fish

8 May, 2023
Sri Lanka aims to attract 02 million Indian tourism by the end of 2023

Sri Lanka aims to attract 02 million Indian tourism by the end of 2023

8 May, 2023
Finlays agrees sale of James Finlay Kenya to Browns Investments PLC

Finlays agrees sale of James Finlay Kenya to Browns Investments PLC

6 May, 2023
Coronavirus declared global health emergency by WHO - Sri Lanka News – BusinessNews.lk |Local|Business|Sports|World

WHO Ends COVID-19 Global Emergency Status after Over 3 Years

6 May, 2023
Krishna Srinivasan – Director of Asia & Pacific Department of the IMF

IMF Director Highlights Sustainable Debt as Key to Sri Lanka’s Prosperity

6 May, 2023
Complete guide to the Crown Jewels in King Charles's Coronation

King Charles III and Queen Consort Prepare for First Coronation in 70 Years

6 May, 2023
Sri Lankan President Ranil Wickremesinghe

President Ranil Wickremesinghe Attends Commonwealth Leaders Meeting in London,

6 May, 2023
HNB collaborates with WEBXPAY to provide cutting-edge direct payment solutions to MSMEs

HNB collaborates with WEBXPAY to provide cutting-edge direct payment solutions to MSMEs

4 May, 2023
Indian Air Force to assist National Defence College and Trinco SLAF base

Indian Air Force to assist National Defence College and Trinco SLAF base

4 May, 2023
President's Fund and Ministry of Education Launch Scholarship Program for Outstanding GCE O/L Students

President’s Fund and Ministry of Education Launch Scholarship Program for Outstanding GCE O/L Students

4 May, 2023
President’s Fund Governing Council meets for the first time in four years

President’s Fund Governing Council meets for the first time in four years

4 May, 2023
Dialog Axiata and Airtel to Merge Operations in Sri Lanka

Dialog Axiata and Airtel to Merge Operations in Sri Lanka

3 May, 2023
LAUGFS Gas

LAUGFS Gas to remain unchanged LP Gas Prices despite Global Increases

3 May, 2023
Prime Minister Discusses Trade and Investment Growth with Italy

Prime Minister Discusses Trade and Investment Growth with Italy

3 May, 2023
Egyptian Ambassador Meets Sri Lankan Prime Minister to Discuss Establishing Arab Sri Lanka Business Council

Egyptian Ambassador Meets Sri Lankan Prime Minister to Discuss Establishing Arab Sri Lanka Business Council

3 May, 2023
Sri Lanka Implements Comprehensive Economic Reforms to Revive Struggling Economy

Sri Lanka Implements Comprehensive Economic Reforms to Revive Struggling Economy

3 May, 2023
Presidential Secretariat Establishes Task Forces to Simplify Business Processes

Presidential Secretariat Establishes Task Forces to Simplify Business Processes

3 May, 2023
UNIDO, AHK Sri Lanka & EDB Organized an Awareness Programme On GSCDDA

UNIDO, AHK Sri Lanka & EDB Organized an Awareness Programme On GSCDDA

2 May, 2023
Daraz-SLASSCOM report on E-commerce adoption highlights pathways for the growth of digital commerce in Sri Lanka

Daraz-SLASSCOM report on E-commerce adoption highlights pathways for the growth of digital commerce in Sri Lanka

2 May, 2023
Sri Lankan President Ranil Wickremesinghe

Let us collectively join hands to make 2048 the year of development in Sri Lanka – President Ranil Wickremesinghe

2 May, 2023
DJI seems to make its first drone for FPV racing.

China Merchants Group Plans to Invest in Sri Lanka with Major Logistics Hub

2 May, 2023
Ranil Wickremesinghe.jpg

The Government Plans to Allocate One Billion Rupees for AI Technology in 2024 – Pres. Ranil Wickremesinghe

1 May, 2023
Ranjith Siyambalapitiya

IRD Exceeds First Quarter Revenue Expectations by 105% – Min. Ranjth Siyambalapitiya

1 May, 2023
Prime Minister Gunawardena Emphasizes Importance of Empowering Vulnerable Smallholder Families at Launch of Japanese-Funded Livelihood Projects

Prime Minister Gunawardena Emphasizes Importance of Empowering Vulnerable Smallholder Families at Launch of Japanese-Funded Livelihood Projects

1 May, 2023
President Wickremesinghe Outlines Sri Lanka's 30-Year Plan to Become a Regional Air and Sea Hub

President Ranil Wickremesinghe Outlines Sri Lanka’s 30-Year Plan to Become a Regional Air and Sea Hub

1 May, 2023
President Calls for Government to Ensure No Low-Income Families Are Left Out of Relief Efforts

Galle Literary Festival Returns in 2024 Under Directive from President Ranil Wickremesinghe

30 April, 2023
President Inspects locally fabricated New Combat Vehicles to Fight Coastal Crime

President Inspects locally fabricated New Combat Vehicles to Fight Coastal Crime

29 April, 2023
Link Natural’s Samahan now served onboard SriLankan Airlines

Link Natural’s Samahan now served onboard SriLankan Airlines

20 April, 2023
Sri Lanka News - BusinessNews.lk

Copyright © 2020
Business Studio
Powered by Rani CS

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
  • Local
  • Business
  • Covid-19
  • Sports
  • World
  • Business – Sinhala

Copyright © 2020
Business Studio
Powered by Rani CS

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist