In 1997, as a response to the trends ushered in by globalization and a changing national economy, the SANASA Development Bank (SDB) was registered as a Licensed Specialized Bank by the Central Bank of Sri Lanka. Formed by various SANASA Primaries and the SANASA Federation, the SDB is a bank of cooperative microfinance.
The SDB now functions as the financial apex institution for the SANASA movement. Although bound by Sri Lankan banking law, the SDB is 100% cooperative owned and caters directly to members of the SANASA movement. Thus, the SDB is a professional organization providing sustainable microfinance to the Sri Lankan people.
Mission: SDB will develop and maintain a permanent customer base and delight our customers by providing high quality, innovative and competitive financial products and services to ensure the highest return possible in the market on share holders capital.