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SDB bank

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Sri Lankan specialized bank
SANASA Development Bank PLC
Logo of SDB bank
Trade nameSDB bank
Company typePublic
Traded asCSESDB.N0000
ISINLK0412N00003
IndustryBanking
FoundedAugust 6, 1997; 27 years ago (1997-08-06)
HeadquartersKirulapone, Colombo, Sri Lanka
Number of locations94 branches (2023)
Key people
RevenueIncrease LKR30.793 billion (2023)
Operating incomeIncrease LKR7.534 billion (2023)
Net incomeIncrease LKR467 million (2023)
Total assetsDecrease LKR156.957 billion (2023)
Total equityIncrease LKR14.266 billion (2023)
Owners
Number of employees1,295 (2023)
SubsidiariesPayment Services (Private) Limited
Rating
Websitesdb.lk
Footnotes / references

SANASA Development Bank PLC, commonly called SDB bank, is a Sri Lankan bank serving the co-operative sector, 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.

Subsidiaries

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

References

  1. "SDB bank welcomes veteran banker Kapila Ariyaratne as new CEO". Daily FT. 1 October 2024. Archived from the original on 2 October 2024. Retrieved 3 October 2024.
  2. "Annual Report 2023" (PDF). cse.lk. SANASA Development Bank PLC. 2023. Retrieved 14 November 2024.
  3. "Sanasa Development Bank Competitors, Revenue and Employees - Owler Company Profile". Owler. Retrieved 25 December 2018.
  4. "Annual Report" (PDF). www.sdb.lk. 2017. Archived from the original (PDF) on 25 December 2018. Retrieved 16 June 2023.
  5. "Sanasa Development Bank PLC, SDB.N0000:CSE profile - FT.com". markets.ft.com. Retrieved 25 December 2018.

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