SDB bank explained

SANASA Development Bank PLC
Trade Name:SDB bank
Type:Public
Industry:Banking
Hq Location:Kirulapone
Hq Location City:Colombo
Hq Location Country:Sri Lanka
Num Locations:94 branches
Num Locations Year:2023
Key People:[1]
Revenue: LKR30.793 billion
Revenue Year:2023
Operating Income: LKR7.534 billion
Income Year:2023
Net Income: LKR467 million
Net Income Year:2023
Assets: LKR156.957 billion
Assets Year:2023
Equity: LKR14.266 billion
Equity Year:2023
Num Employees:1,295
Num Employees Year:2023
Subsid:Payment Services (Private) Limited
Website:sdb.lk
Footnotes:[2]

SANASA Development Bank PLC, commonly called SDB bank, is a Sri Lankan bank serving the co-operative sector,[3] 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.[4]

Subsidiaries

External links

Notes and References

  1. Web site: SDB bank welcomes veteran banker Kapila Ariyaratne as new CEO . Daily FT . 1 October 2024 . 3 October 2024 . 2 October 2024 . https://web.archive.org/web/20241002003804/https://www.ft.lk/front-page/SDB-bank-welcomes-veteran-banker-Kapila-Ariyaratne-as-new-CEO/44-767368 . live.
  2. Web site: Annual Report 2023 . cse.lk . SANASA Development Bank PLC . 14 November 2024 . 2023.
  3. Web site: Sanasa Development Bank Competitors, Revenue and Employees - Owler Company Profile. Owler. en. 2018-12-25.
  4. Web site: Annual Report . www.sdb.lk . 16 June 2023 . https://web.archive.org/web/20181225180905/http://www.sdb.lk/wp-content/uploads/2018/04/SDB-Bank_Annual-Report-2017.pdf . Dec 25, 2018 . en . 2017.
  5. Web site: Sanasa Development Bank PLC, SDB.N0000:CSE profile - FT.com. markets.ft.com. 2018-12-25.