Citizens Development Business Finance PLC

General Information

Company Name

Founded Year

1995

Location (Offices)

Sri Lanka +1

Founders / Decision Makers

Number of Employees

627

Industries

Financial Services

Funding Stage

Post Ipo Debt

Social Media

Citizens Development Business Finance PLC - Company Profile

Citizens Development Business Finance PLC (CDB) is a leading Licensed Finance Company in Sri Lanka, licensed by the Monetary Board of the Central Bank of Sri Lanka. Established in 1995, CDB has gained prominence in the industry and is listed on the main board of the Colombo Stock Exchange (CSE).

Despite its humble beginnings, CDB has emerged as an industry innovator, offering a wide range of financial services including term deposits, savings deposits, personnel finance, leasing, hire purchase financing, pawning, corporate and retail credit, debit card facilities, government securities, foreign exchange dealership, and money exchange dealership.

With its recent €9.49M Post-IPO Debt investment in April 6, 2018, CDB secured funding from the Belgian Investment Company for Developing Countries, indicating strong investor confidence in the company's growth trajectory and strategic direction.

As a total financial services provider in Sri Lanka, CDB stands out in the Financial Services sector, empowering aspirations and driving financial inclusion for the citizens of Sri Lanka.

Taxonomy: licensed finance company, financial services provider, savings deposits, leasing, personal finance, retail credit, corporate financial services, Sri Lanka, Colombo Stock Exchange, monetary regulation, innovative finance, money exchange, public limited company, Hire purchase financing, government securities