Financial Times

CDB nurtures Sri Lankan entrepreneurs for 10 years
Ceylinco Development Bank, a member of Ceylinco Consolidated, has nurtured and helped grow Sri Lankan entrepreneurs in the 10 years of its existence, the bank said.

Since its inception in 1995, CDB has been operating as a different development bank in the country, servicing a spectrum of entrepreneurs ranging from micro to macro and small and medium enterprise (SME) sector to corporate. “Our services are extended to cover almost all sectors of the economy from manufacturing to fisheries, tourism, plantation, transport and to many other sectors,” the statement said.

CDB services are spread over a range of financial services both fee and fund based including project financing, business loans, leasing, trade finance/bills discounting, guarantees and money market operations.

The bank celebrated its 10th anniversary in Colombo in the presence of customers and staff with Ceylinco Consolidated chairman Lalith Kotelawala, Mrs S.P.C. Kotelawala and R. Renganathan Deputy Chairman of CDB gracing the occasion.

The first two customers of CDB were awarded a full paid tour of Thailand. The bank has branches in Kandy, Kurunegala, Negombo, Moratuwa and Kelaniya.

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