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Regional Development Bank also known as Pradeshiya Sanwardhana Bank (Sinhala: ප්රාදේශීය ... is a state-owned bank in Sri Lanka. [2] ...
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
The National Development Bank PLC (commonly referred to as NDB Bank) is a Sri Lankan banking and financial services institution, headquartered in Colombo, Sri Lanka. Having begun operations as a state-owned development finance institution in 1979. In January 1979, the predecessor of National Development Bank PLC (“NDB” or “Bank”) was ...
The Asian Development Bank said Friday that it has approved $200-million concessional loan to debt-stricken Sri Lanka to help stabilize the country’s finance sector following an unprecedented ...
U.S. assistance has totalled more than $2 billion since Sri Lanka's independence in 1948. [5] Through the U.S. Agency for International Development (USAID), it has contributed to Sri Lanka's economic growth with projects designed to reduce unemployment, improve housing, develop the Colombo Stock Exchange, modernize the judicial system, and improve competitiveness. [6]
Sarvodaya Development Finance PLC is a Sri Lankan public limited company and functions as a licensed finance company. [1] It is a listed company in the Colombo Stock Exchange. [2] It is considered as the first development finance company in Sri Lanka. [3] It is also the financial services provider of the Sarvodaya Movement. [4]
DFCC Bank was set up in 1955 as Sri Lanka's a pioneer development finance institution on the recommendation of the World Bank and is one of the oldest development banks in Asia. In October 2015, DFCC Bank and its 99% owned subsidiary, DFCC Vardhana Bank amalgamated.
Sri Lanka has also forged close ties with the member states of the Association of Southeast Asian Nations (ASEAN), African Union and Arab League. Sri Lanka participates in multilateral diplomacy, particularly at the United Nations, where it seeks to promote sovereignty, independence, and development in the developing world.