Sri Lanka, July 9 -- The Commercial Bank of Ceylon has announced the launch of Sri Lanka's first Artificial Intelligence-powered SME Credit Underwriting Solution, taking a transformative step in reshaping how small and medium enterprises (SMEs) access credit and financial solutions.
This custom-built AI platform, another breakthrough initiative by the country's largest private sector bank, was fully developed as a collaborative effort with a top global consulting company, integrating the Bank's in-house capabilities with world-class expertise. It has been designed in line with Commercial Bank's SME business model and risk policy framework, underscoring the Bank's strategic approach to transcend market dynamics and scale up SME financing su...