Western Investment Bank

Western Investment Bank is originated with the provisions of All Island foreign language development co-operative society. (Co-operative Act No 05 of 1972 (06), with the Reg: No SAMU 61) The main purpose of establishing this bank is to upgrade, develop and promote the educational sector of this country. Our main objectives are to promote a new understanding and framework to help young generation to achieve positive and purposeful lives for themselves and their communities through engaging with values to guide their behavior in the society. This approach offers a new way of thinking about education and how students and young people can be support to develop become successful and happy members of our co-operative society. The trust has been established from the foundation of successful school practice in values of education. Its aim is to widen this work both nationally and globally in education and in the wider context of society. All our activities are designed to fulfill our objectives.

Our Mission

We firmly believe that education infrastructure is an important enabler in delivering of a better quality of education. It is this belief that led awareness to introduce Education Institution loans, to cater to the needs of people involved in the area of education or training. We provide loan schemes to businesses for their every infrastructural need from construction, renovation, acquisition of infrastructural facilities and financing of working capital gap, consolidation of existing liabilities.

Today younger generation have a gap among communities as a result of language difficulties. In this regard we have inaugurated a program to develop the ability of foreign language knowledge in the present society. Our vision is to break the barriers of language ability among school children as well as matured people. In the future we hope to establish foreign language centers all around the country by facilitating with the necessary assistances including finance facilities.

Our vision

Our vision is to break the barrios of language ability among school children as well as mature people.

Objectives

Five market-oriented and financially self-sustaining skills development centers have been established in partnership with the other banks of the country. A detailed institutional development plan has been developed for each of these centers. The centers may offer long and short vocational training courses to youths of this under privileged areas helping them to find employment in the organized sector.

Our Approach

To address the challenges that face the youths of these remote areas. Our bank has come forward to provide technical assistance and support services in the field of skills development for the youths of these areas. The project will establish vocational training center through which to increase their long-term employability, in a major contribution to our banks program. As centers of excellence for skills development, these new institutions will be the drivers of future growth.

To gain an understanding of the kind of support needed our bank will be organizing two workshops involving the government and the other private banks. Based on the outcomes of these workshops, the project is likely to deliver the following services.

Conceptual framework design
Curricular development
Development of teaching materials in both English and Sinhalese
Networking with expert organizations
Assessment and evaluation
Support for the adoption of regional best practices
Skills assessment and certification system
Career counseling and guidance mythology

To help meet the needs of a growing economy, the project also provides courses on aspects of financing applications, retail management and improved techniques.