SDB bank logo — Where You Are Valued

SDB bank

Where You Are Valued

Founded 1997 Sri Lanka Sri Lanka 719 employees Series Unknown Total: $32.79M Financial Services, Fintech +1

General Information

Company Name SDB bank
Founded Year 1997
Location Sri Lanka Sri Lanka +1
Employees 719
Industries Financial Services, Fintech, Banking
Funding Stage Series Unknown
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About SDB bank

SDB bank, established in 1997, is a pivotal player in the Financial Services, Fintech, and Banking sectors in Sri Lanka. Known by its slogan "Where You Are Valued," the bank is a licensed and regulated entity through the Central Bank of Sri Lanka, with a presence on the Main Board of the Colombo Stock Exchange. Holding a Fitch Rating of BB+ (stable), SDB bank is a vital force in fulfilling the nation's development goals.

The bank offers extensive financial services through its widespread network of 94 branches and access to over 5000 ATMs via the LankaPay inter-bank network. Notably, it ranks in the top 50 of "Sri Lanka's 100 most valuable brands" and is among the 50 most awarded companies in the country.

Further validating its excellence, SDB bank received accolades at the Asian Banking & Finance Awards 2019 for initiatives in Financial Inclusion, Advertising, and Rural/Cooperative Banking. The bank's digital prowess was highlighted by its pioneering role in executing the nation's first digital rights issue. International investors, including the International Finance Corporation (IFC), SBI, and FMO, have recognized and supported its potential, with the latest €3.39M Venture Round investment on June 8, 2021, backed by the Belgian Investment Company for Developing Countries.

Taxonomy: Retail Banking, SME Banking, Cooperative Banking, Business Banking, Financial Inclusion, Microfinance, Digital Banking, Payment Solutions, Financial Security, Brand Value, Rural Banking, Investment Attraction, Innovative Financial Products, Digital Rights Issue, Community Development

Services & Products

Savings and Deposits
Loan and Leasing Products
Investment Solutions
Digital Banking Services
Agribusiness Support

Target Customers

Entrepreneurs SMEs Women Co-operatives Rural Farmers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
08 Jun 2021
Debt Financing •••••• 1
Investor
20 Sep 2019
Convertible Note •••••• 1
Investor
16 Dec 2016

FAQ About SDB bank

Where You Are Valued
SDB bank was founded in 1997.
SDB bank is headquartered in Sri Lanka.
SDB bank operates in the following industries: Financial Services, Fintech, Banking.
SDB bank has approximately 719 employees.
SDB bank has completed 3 funding rounds, raising a total of $32.79M. The latest funding stage is Series Unknown.
SDB bank offers: Savings and Deposits, Loan and Leasing Products, Investment Solutions, Digital Banking Services, Agribusiness Support.

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