SDB bank

{{Use dmy dates|date=June 2023}}

{{short description|Sri Lankan specialized bank}}

{{Infobox company

| name = SANASA Development Bank PLC

| logo = SDB bank logo.jpg

| logo_caption = Logo of SDB bank

| trade_name = SDB bank

| type = Public

| traded_as = {{Colombo Stock Exchange|SDB.N0000}}

| ISIN = {{ISIN|sl=n|pl=y|LK0412N00003}}

| industry = Banking

| founded = {{Start date and age|1997|8|6}}

| hq_location = Kirulapone

| hq_location_city = Colombo

| hq_location_country = Sri Lanka

| num_locations = 94 branches

| num_locations_year = 2023

| key_people = {{Unbulleted list|Dinithi Ratnayake (Chairperson)|Kapila Ariyaratne (CEO)}}{{cite web|url=https://www.ft.lk/front-page/SDB-bank-welcomes-veteran-banker-Kapila-Ariyaratne-as-new-CEO/44-767368 |title=SDB bank welcomes veteran banker Kapila Ariyaratne as new CEO |publisher=Daily FT |date=1 October 2024 |accessdate=3 October 2024 |archive-date=2 October 2024 |archive-url=https://web.archive.org/web/20241002003804/https://www.ft.lk/front-page/SDB-bank-welcomes-veteran-banker-Kapila-Ariyaratne-as-new-CEO/44-767368 |url-status=live}}

| revenue = {{increase}} LKR30.793 billion

| revenue_year = 2023

| operating_income = {{increase}} LKR7.534 billion

| income_year = 2023

| net_income = {{increase}} LKR467 million

| net_income_year = 2023

| assets = {{decrease}} LKR156.957 billion

| assets_year = 2023

| equity = {{increase}} LKR14.266 billion

| equity_year = 2023

| owners = {{Unbulleted list|ICONIC Property Twenty Three (Pvt) Ltd (15.00%)|Senthilverl Holdings (12.01%)|FMO (10.96%)}}

| num_employees = 1,295

| num_employees_year = 2023

| subsid = Payment Services (Private) Limited

| rating = {{Unbulleted list|BB+(lka) (Fitch)|(SL)BBB (ICRA Lanka)}}

| website = [https://www.sdb.lk/en/ sdb.lk]

| footnotes = {{cite web |title=Annual Report 2023 |url=https://cdn.cse.lk/cmt/upload_report_file/1182_1715225811903.pdf |website=cse.lk |publisher=SANASA Development Bank PLC |access-date=14 November 2024 |date=2023}}

}}

SANASA Development Bank PLC, commonly called SDB bank, is a Sri Lankan bank serving the co-operative sector,{{Cite web|url=https://www.owler.com/company/sanasadevelopmentbank|title=Sanasa Development Bank Competitors, Revenue and Employees - Owler Company Profile|website=Owler|language=en|access-date=2018-12-25}} 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.{{cite web |title=Annual Report |url=http://www.sdb.lk/wp-content/uploads/2018/04/SDB-Bank_Annual-Report-2017.pdf |website=www.sdb.lk |access-date=16 June 2023 |archive-url=https://web.archive.org/web/20181225180905/http://www.sdb.lk/wp-content/uploads/2018/04/SDB-Bank_Annual-Report-2017.pdf |archive-date=Dec 25, 2018 |language=en |date=2017}}