The Business Revival Unit (BRU) of People’s Bank was established in 2021 with the core objective of assisting viable and feasible business enterprises navigating financial distress due to macroeconomic challenges.
Following the issuance of Circular No. 02 of 2024 by the Central Bank of Sri Lanka, we have significantly broadened the scope of the BRU and functioning as a strategic bridge between the bank and distressed customers. The unit is dedicated to offering customized financial solutions tailored to the specific needs of potentially viable and feasible businesses.
By fostering mutually beneficial outcomes, the BRU plays a pivotal role in supporting distressed entities on their journey toward recovery and long-term growth.
To restore long-term financial sustainability for underperforming or non-performing business borrowers by providing a focused, structured, and solution-oriented revival approach.
Businesses may be eligible for support through the Business Revival Unit (BRU) if they meet the following conditions:
Businesses may be eligible for support through the Business Revival Unit (BRU) if they meet the following conditions:
Every revival strategy is framed in adherence to the Bank’s internal credit policy and regulatory frameworks issued by the Central Bank of Sri Lanka.