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Sanasa Development Bank PLC
No.12
Edmonton Road, Kirulapone, Colombo 06
Phone: +94 112832590p:+94 112832590 COLOMBO, 06  Sri Lanka Ticker: SDB.N0000SDB.N0000
Business Summary
Sanasa Development Bank PLC is a Sri Lanka-based bank. The Company's principal activities include accepting deposits and the investment of these deposits in community-based lending programs, with a focus on cooperative societies, their members and other micro-enterprises, and issuing local and international debit cards. The Company's segments include banking, leasing and hire purchase (HP), treasury, and pawning. Its products and services include savings, fixed deposits, loans and co-operative. The Company's savings products include Lakdaru, Top Saver, Dayada, business saver, Jawaya, Uththamavi, Top Saver Plus and Upahara. Its fixed deposits products include regular fixed deposits and Upahara fixed deposits. The Company's loans products are home loan, personal loan, Upahara, Uththamachchara, Ranmini, athamaru, pawning, Jawaya, small and medium enterprise (SME), and SME plus. Its co-operative products include equipment/machinery loan, tech loan and export/import loan.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-----Yes-

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2022Yes----

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Dinithi D.Ratnayake 1/1/2021 2/17/2020
Acting Chief Executive Officer NiranjanThangarajah 2/21/2024
Chief Financial Officer TerranceKumara
12 additional Officers and Directors records available in full report.

Business Names
Business Name
SDB
SDB.N0000

General Information
Number of Employees: 1,315 (As of 9/30/2023)
Outstanding Shares: 160,698,832 (As of 12/31/2023)
Shareholders: 38,980
Stock Exchange: COL
Fax Number: +94 112514256


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Friday, April 19, 2024