SDB bank

Sri Lankan specialized bank
  • Lakshman Abeysekera (Chairman)
  • Niranjan Thangarajah (Acting CEO)
RevenueDecrease LKR15.478 billion (2021)Increase LKR7.436 billion (2021)
Net income
Increase LKR883 million (2021)Total assetsIncrease LKR147.819 billion (2021)Total equityIncrease LKR14.130 billion (2021)Owners
  • ICONIC Property Twenty Three (Pvt) Ltd (15.00%)
  • FMO (10.96%)
  • Ayenka Holdings (Pvt) Ltd (10.96%)
Number of employees
1,433 (2021)SubsidiariesPayment Services (Private) LimitedRating
  • BB+(lka) (Fitch)
  • (SL)BBB (ICRA Lanka)
Websitewww.sdb.lk/en/Footnotes / references
[1]

SANASA Development Bank PLC, commonly called SDB bank, is a Sri Lankan bank serving the co-operative sector,[2] founded in 1997. This bank has opened 94 branches in Sri Lanka. In 1997 SDB Bank was granted the status of Licensed Specialized Bank by the Central Bank of Sri Lanka.[3]

Subsidiaries

  • Sdbl North East Construction Company Pvt Ltd[4]
  • Sanasa Development Bank Ltd
  • Asset Management Arm

References

  1. ^ "Annual Report 2021" (PDF). cse.lk. SANASA Development Bank PLC. 2022. Retrieved 12 March 2023.
  2. ^ "Sanasa Development Bank Competitors, Revenue and Employees - Owler Company Profile". Owler. Retrieved 25 December 2018.
  3. ^ "Annual Report" (PDF). www.sdb.lk. 2017. Archived from the original (PDF) on 25 December 2018. Retrieved 16 June 2023.
  4. ^ "Sanasa Development Bank PLC, SDB.N0000:CSE profile - FT.com". markets.ft.com. Retrieved 25 December 2018.

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  • Official website
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