SDB bank

SANASA Development Bank PLC
SANASA Development Bank PLC
	Logo of SDB bank
Trade name	SDB bank
Type	Public
Traded as	CSE: SDB.N0000
ISIN	LK0412N00003
Industry	Banking
Founded	August 6, 1997; 29 years ago
Headquarters	Kirulapone, Colombo, Sri Lanka
Number of locations	94 branches (2023)
Key people	Dinithi Ratnayake (Chairperson); Kapila Ariyaratne (CEO);
Revenue	LKR30.793 billion (2023)
Operating income	LKR7.534 billion (2023)
Net income	LKR467 million (2023)
Total assets	LKR156.957 billion (2023)
Total equity	LKR14.266 billion (2023)
Owners	ICONIC Property Twenty Three (Pvt) Ltd (15.00%); Senthilverl Holdings (12.01%); FMO (10.96%);
Number of employees	1,295 (2023)
Subsidiaries	Payment Services (Private) Limited
Rating	BB+(lka) (Fitch); (SL)BBB (ICRA Lanka);
Website	sdb.lk
	Footnotes;

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