Coinciding with the International Women’s Day, Union Bank announced the launch of Union Bank Power H.E.R, a women banking solution designed to encourage and empower women entrepreneurs to uplift their businesses to new heights. Union Bank Power H.E.R, which stands for Helping Entrepreneurs Rise, is the only women’s banking solution offering a free, fully automated cash management solution along with a range of exclusive benefits including customised funding, special interest rates, insurance, grants, expert advisiory, business links and more.
Thishani Dissanayake, Vice President of Marketing, said, “ a notable number of SME businesses in Sri Lanka are women led or owned and this is a growing segment due to the vast potential of women entrepreneurs to create sustainable businesses. Union Bank Power H.E.R is an ideal solution that will significantly add value due to its free cash management solution that will allow entrepreneurs to focus on building their businesses and not worry about financial management. Additionally, the free enrolment to the National Entrepreneurship Development Programme (NEDP), will also support to upskill and enhance their business capabilities “.
Asanka Ranhotty Chief Business Officer, said, “Union Bank Power H.E.R is an attractive addition to the Bank’s SME product offering. Along with other benefits the Bank will also provide access to grants for selected industries such as agriculture, manufacturing and tourism enabling the bank’s island-wide branch network to support a large number of women entrepreneurs, both potential and existing providing the necessary support to thrive in their business ventures”.
