LATEST UPDATES

  • 23 Mar2018
    Posted by CDB Finance PLC
    Joint Winner in the Finance & Insurance Sector at the ACCA Sustainability Reporting Awards Unique stakeholder engagement initiatives and expansive vision hailed by judging panel   With sustainability being the axis on which its business model is founded, Citizens Development Read more...
  • 23 Mar2018
    Posted by CDB Finance PLC
    Integrates wide range of financial solutions into uplifting lifestyles Creates a platform for financial empowerment through strategic expansion   One of Sri Lanka’s Top Seven NBFIs whose focus on being a financial powerhouse that fosters entrepreneurial innovation and workmanship remains Read more...
  • 17 Apr2018
    Posted by CDB Finance PLC
    CDB inked a groundbreaking MCA record when it donned the crown of Runner Up in the BMW-Hyundai Trophy – MCA ‘C’ Division 50 Over League Tournament 2018.  Sponsored by Prestige Automobile (Pvt) Limited for the seventh time, CDB etched its Read more...
  • 19 Apr2018
    Posted by CDB Finance PLC
    11th donation presented under the CDB Pariganaka Piyasa flagship CSR programme 420 students and entire Devipahala Kuruwita community to benefit A total of LKR 13.5 Mn investment since 2007 benefitting nearly 12,500 students Empowering Sri Lanka’s young people with the Read more...
  • 27 Apr2018
    Posted by CDB Finance PLC
    Uses social media platforms for fund transfers Yet another first in the financial services industry in Sri Lanka Optimising use of social media to maximise financial inclusiveness Trailblazing yet another revolutionary breakthrough in fund transfers in the country, Citizens Development Read more...
  • 08 May2018
    Posted by CDB Finance PLC
    Photo caption:  Multiple medal winners at the 38th Masters Athletic Championship 2018 in Mangalore India, CDB’s Senior Executive -  Customer Relations Nadeeka Perera and Senior Executive– Credit Operations Dananja Krishantha Liyanage show off the gold, silver and bronze medals they Read more...
  • 01 Jun2018
    Posted by CDB Finance PLC
    An Autism Trust Fund, CDB and SLACD joint initiative CDB continues Autism Awareness efforts jointly with SLACD and Ampara District Hospital Autism Awareness Walk to commemorate Autism Awareness Month held in Ampara   With April marking Autism Awareness Month, the Read more...
  • 21 Jun2018
    Posted by CDB Finance PLC
    Profit after tax up 39% at 1.4 Bn Total assets surpass Rs.75 Bn mark, up 40% Early Adoption of SLFRS 9 “Financial Instruments” The multi-award winning Citizens Development Business Finance PLC (CDB), which has continuously sustained impressive financial performance year-on-year, Read more...

Corporate Information

Citizens Development Business Finance PLC (CDB) is licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011, and also registered under the Finance Leasing Act No. 56 of 2000. It was incorporated as a Public Limited Liability Company on 07th September 1995 under the provisions of the Companies Act No. 17 of 1982 and re-registered under the Companies Act No. 07 of 2007 under the Company Registration No. PB 232 PQ. CDB has been granted a (SL) BBB+ (stable) rating from ICRA Lanka Ltd. and is a listed Public Company on the main board of the Colombo Stock Exchange (CSE).

Despite its humble beginnings, CDB has now become one of the leading Licensed Finance Companies in Sri Lanka. Also known as ‘CDB’, the company has become a leading innovator in the industry.

The main financial services offered by CDB include term deposits, savings deposits, personnel finance, leasing, hire purchase financing, pawning, corporate and retail credit, debit card facilities backed by an island wide ATM Network, dealing with government securities, foreign exchange dealership and money exchange dealership. The portfolio of services offered by CDB is wider than many finance companies in Sri Lanka. The wide range of financial services offered by CDB has propelled it to the forefront of the industry as a total financial services provider to the citizens of Sri Lanka.