ANNUAL REPORT
2022/23

PREAMBLE

Who We Are

We have established ourselves as a prominent player in the financial services sector, ranking among the top four Non-Bank Financial Institutions (NBFIs) in Sri Lanka. As one of the largest financial institutions in Sri Lanka, we have built an impressive asset base surpassing Rs. 100 Bn. Moreover, our dedicated team comprises over 1,600 professionals who are committed to empowering the aspirations of every Sri Lankan.

Our Organisation stands out as a beacon of innovation in the financial services industry, earning recognition for our pioneering approach and steadfast dedication to sustainability. Through ground-breaking technological advancements, we have disrupted and transformed the landscape of financial services industry in Sri Lanka. Our commitment to innovation has not only allowed us to stay ahead of the curve but has also positioned us as a trailblaser within the industry.

Central to our success is our disciplined culture and forward-thinking approach. These qualities have been instrumental in delivering consistent and impressive financial performance over the past decade. We have experienced substantial growth in both size and profitability, as a testament to our ability to adapt and capitalise on opportunities in the market.

Advancing generations

CDB has emerged as an essential pillar within both the financial services sector and the broader social fabric of Sri Lanka. Since our modest beginnings in 1995, we have steadily expanded our influence and established ourselves as a formidable financial institution, deeply committed to the principles of sustainability, innovation, and ethical business practices.

Over the course of 28 years, we have faithfully served our nation and stakeholders, building strong bonds based on perseverance, empathy, reliability and innovation. We have strived to understand and address the diverse aspirations of our clients and stakeholders, empowering them to achieve their goals and contribute to the growth and development of Sri Lanka.

Our dedication to innovation has driven us to stay ahead of the curve in a rapidly evolving financial landscape. We have embraced technological advancements, leveraging them to enhance our services, streamline processes, and create innovative solutions that cater to the evolving needs of our customers.

Through such single-minded dedication, we have earned the respect and trust of our stakeholders, solidifying our position as a trusted financial partner and a catalyst for positive change in Sri Lanka.

Our purpose

Empowering Aspirations

Goals, hopes, dreams, ambitions; whatever you aspire to achieve, we exist to elevate your life.

Our vision

To be the financial powerhouse that will foster entrepreneurial innovation and workmanship towards building our Nation’s economy to make sustained gains in living standards of Sri Lankans.

Our values

Perseverance

The passion and perseverance of our team has brought CDB to the forefront of the industry and continues to be our driving force.

Empathy

We care for the well-being of our stakeholders, while empowering their aspirations, with an aim of creating a more equitable society. We have never lost sight of our humble beginnings and continue to act with humility in everything we do.

Reliable

While being a respected, responsible, socially and environmentally conscious, public deposit-taking corporate citizen working in an open and transparent manner in all our dealings, we strive to be the most reliable partner for our stakeholders.

Innovation

We are constantly innovating to stay relevant and valuable to our customers. We highly value and encourage thinking beyond traditional boundaries, embracing change, and exploring creative ways of empowering the aspirations of all our stakeholders.

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