News & Events

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06 Jul 2026 16:45

SLECIC Partners with the National Chamber of Exporters to Strengthen Sri Lanka’s Export Sector

We are pleased to announce the signing of a strategic partnership between SLECIC and the National Chamber of Exporters of Sri Lanka (NCE), aimed at enhancing support for Sri Lankan exporters and promoting sustainable export growth. This partnership is focused on increasing awareness and access to export credit insurance in Sri Lanka, enabling exporters to protect against non-payment risks, manage overseas buyer risk, and confidently expand into global markets. By combining industry expertise and networks, SLECIC and NCE will work together to strengthen the export ecosystem, support SME exporters, and facilitate secure international trade. Through this partnership, both institutions reaffirm their commitment to empowering businesses, supporting export growth, and contributing to the development of Sri Lanka’s trade sector. This collaboration reflects a shared commitment to building a resilient export sector and positioning Sri Lanka as a competitive player in global trade. We look forward to working closely with NCE to create meaningful value for the export community.

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06 Jul 2026 16:48

SLECIC Appoints New General Manager

At a pivotal stage where the Sri Lanka Export Credit Insurance Corporation (SLECIC) is building on a strong foundation and embracing a renewed strategic direction, the Corporation is pleased to announce the appointment of Mr. Upeksha Subasinghe as its new General Manager. Mr. Subasinghe is a seasoned professional with extensive experience in Human Resource Management, Administration, and Leadership. He holds a Bachelor’s Degree in Human Resource Management, from the University of Kelaniya and an MBA from the Postgraduate Institute of Management, University of Sri Jayewardenepura (PIM). He has also completed a leadership program at the Indian Institute of Management Ahmedabad, India. With over a decade of experience in both local and international settings, he has held senior roles across Sales and Marketing, Human Resources, and Administration. His previous positions include leadership roles at the Open University of Sri Lanka and the Sri Lanka Atomic Energy Board and leading private sector organizations, both locally as well as internationally. As General Manager, Mr. Subasinghe is expected to drive innovation, agility, and strategic growth, further strengthening SLECIC’s role in supporting Sri Lanka’s export sector in an evolving global environment.

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06 Jul 2026 16:50

Strengthening Strategic Ties: SLECIC and Bank of Ceylon Reinforce Partnership through APARA Initiative

The Sri Lanka Export Credit Insurance Corporation (SLECIC) and the Bank of Ceylon (BOC) have reaffirmed their longstanding strategic alliance with the signing of a Memorandum of Understanding (MOU) on 30th March 2026, marking a significant milestone in their collaborative journey. This renewed partnership is set to deepen institutional synergies, with a strong strategic focus on advancing the APARA – Pre-Departure Guarantee Scheme. Notably, SLECIC stands as the pioneering institution in Sri Lanka in issuing pre-departure guarantees, playing an innovative trailblazing role in introducing and developing this financial instrument. From its inception, SLECIC has remained closely engaged with migrant workers—understanding their needs, addressing their challenges, and providing tailored risk mitigation solutions—while working hand-in-hand with the Bank of Ceylon as its trusted partner from the very beginning to date. Since formalizing their partnership in 2002, SLECIC and BOC have jointly facilitated pre-departure guarantees for nearly 30,000 Sri Lankan migrant workers, underscoring their pivotal role in supporting the country’s foreign employment sector. Through a combination of financial intermediation and structured risk management solutions, both institutions have consistently contributed to enhancing the financial security and global mobility of Sri Lanka’s migrant workforce. Aligned with changing market needs, the newly signed MOU introduces a stronger and more practical framework to improve efficiency, expand reach, and deliver better value. This collaboration is expected to create new growth opportunities while strengthening support for migrant worker financing. This strategic partnership presents a compelling win-win proposition. For BOC, it enhances portfolio diversification, strengthens credit risk management capabilities, and broadens its customer base within the foreign employment segment. For SLECIC, the initiative is assured to accelerate business volumes, deepen market penetration, and further strengthen its developmental mandate in supporting Sri Lanka’s foreign employment. The signing ceremony was attended by the senior leadership of both institutions. Representing SLECIC were Prof. (Dr.) Aruna Shanthaarachchi, Chairman/Managing Director; Mr. M. R. U. I. Subasinghe, General Manager; Mr. Mohan Silva, Deputy General Manager (Operations); Ms. Shama Selvaratnam, Assistant General Manager (Marketing); Mr. Dulanka Pieris, Assistant Manager (Operations); and Ms. Dulakshi Saubhagya, Junior Manager (Marketing). Representing the Bank of Ceylon were Mr. Kavinda de Zoysa, Chairman; Mr. Y. A. Jayathilaka, General Manager/CEO; Mr. G. A. Jayashantha, Deputy General Manager (International, Treasury & Investment); Ms. Rasika de Silva, Chief Manager (International); Ms. P. A. N. K. Panditharathne, Senior Manager (Foreign Circle); Mr. Eranga Herath (Foreign Circle); and Ms. Shalani Jayasuriya, Assistant Manager (Foreign Circle). This renewed MOU reflects a forward-looking commitment by both institutions to foster financial inclusion, empower Sri Lankan migrant workers, and contribute meaningfully to national economic growth through sustainable, strategic collaboration.

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06 Jul 2026 16:55

SLECIC Partners with LOLC Finance to Support Migrant Workers

The Sri Lanka Export Credit Insurance Corporation (SLECIC) has entered into a strategic partnership with LOLC Finance PLC under its APARA scheme to provide a credit guarantee facility covering Cost of Passage Advances for Sri Lankans seeking overseas employment. This initiative enables greater access to structured financing while minimizing risk to both migrant workers and the lending institution. This agreement marks a key milestone for SLECIC, as it is the first APARA partnership signed with a financial institution of this nature, expanding beyond the scheme’s previous collaborations with commercial banks. The agreement was signed by Prof. (Dr.) Aruna Shanthaarachchi on behalf of SLECIC and handed over to Krishan Thilakaratne, Director/CEO of LOLC Finance PLC. The event received extensive media coverage, including publication in Ceylon Today, Daily News, Dinamina, Aruna, Virakesari, Lankadeepa, Mawbima and Sunday Divaina.

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06 Jul 2026 17:05

A significant milestone in SLECIC’s journey

LOLC Finance PLC and Sri Lanka Export Credit Insurance Corporation (SLECIC) today marked a historic milestone with the signing of the APARA Agreement, the first such agreement in SLECIC’s history with a Non-Banking Financial Institution (NBFI). The agreement was signed in the presence of the senior leadership of LOLC Finance PLC, including Director/CEO Mr. Krishan Thilakarathne; Chief Operating Officer Mr. Montini Warnakula; Head of SME & Personal Finance, Mr. Charith Jagoda; Chief Manager – Personal Finance, Mr. Aruna Logus; Deputy Manager – Personal Finance, Mr. Ashraff Azmi; and Ms. Dinali Weerawarna. Representing SLECIC at the event were Chairman & Managing Director, Prof. Dr. Aruna Shanthaarachchi; Assistant General Manager – Marketing, Ms. Shama Selvaratnam; Customer Relationship Team Leader, Mr. Lakshman Jayaweera; Assistant Manager – Operations, Mr. Dulip Wickramasinghe; Assistant Manager – Marketing, Ms. Oshani Pabasara; and Junior Manager – Marketing, Ms. Dulakshi Saubhagya This partnership marks a new chapter in strengthening financial collaboration and enhancing support for Sri Lanka’s migrant workers and the national economy.

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06 Jul 2026 17:06

SLECIC at the 27th Presidential Export Awards 2025

SLECIC is proud to have participated as a Silver Sponsor at the prestigious 27th Presidential Export Awards Ceremony, organized by the Sri Lanka Export Development Board (EDB) at BMICH on December 11, 2025. Our Chairman, Prof. Dr. Aruna Shanthaarachchi, graced the occasion as a Special Guest and had the honor of presenting awards to outstanding exporters who continue to drive Sri Lanka’s economic growth. Together, we celebrate the excellence and resilience of Sri Lankan exporters who make our nation shine globally.

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06 Jul 2026 17:07

"Our goal is to draw US$40 billion

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06 Jul 2026 17:14

Discussion with the Board Members of Sri Lanka Banks’ Association

“Discussion on major modifications made to SLECIC Guarantee Schemes along with establishment of Guarantee Underwriting and Claims Manuals of SLECIC with the Board Members of Sri Lanka Banks’ Association (SLBA) (CEOs of Banks) and SLECIC Management Team at SLBA Board Meeting at the Chairman’s Office, Commercial Bank of Sri Lanka on 12th November 2025”.

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