Citizens Development Business Finance PLC
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Overview
Citizens Development Business Finance PLC (CDB) is a multi-award winning financial institution with a history of over twenty-five years, ranked within the top four largest licensed financial institutions among 34 Non-Banking Financial Institutions (NBFI) in Sri Lanka.
CDB is licensed by the Governing Board of the Central Bank of Sri Lanka under the Finance Business Act no 42 of 2011 and registered under the Finance Leasing Act No. 56 of 2000. A listed public company on the Main Board of the Colombo Stock Exchange, our network spans 71 online-connected outlets across major cities in Sri Lanka while possessing an asset base over Rs. 100 Bn.
CDB 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 BBB+(stable) rating from Fitch Rating.
The main financial services offered by CDB include fixed deposits, savings accounts, leasing, personal loans, home loans, hire purchase financing, pawning, corporate and retail credit, credit card and debit card facilities backed by an island wide ATM network, foreign currency exchange, corporate financial services. 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.
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