Citizens Development Business Finance PLC (CDB),
lauded as one of the Top Ten Corporate Citizens for Sustainability in Sri Lanka, has
come forward to support and enhance the agriculture sector in Sri Lanka. CDB will be at
the forefront in supporting the government policies to enhance the sector with tailor-
made finance facilities for the growth and sustenance of agriculture.
With a triple bottom line approach integrated into its business strategy, CDB is aware of
its social responsibility as a leading corporate towards the wellbeing of the nation.
CDB’s main focus will be empowering the farmers and their aspirations mainly through
facilitating the finances for the purchase of Agri-equipment to enhance their efficiency in
daily activities.
Commenting on the initiative, Director Sales and Development, CDB, Sasindra
Munasinghe said: “Rice production is one of the main resources of our country.
Therefore, providing a secure environment to continue production and taking care of our
farmers is our
foremost responsibility. With this in mind, CDB initiated these facilities which will
empower all farmers’ aspirations and create a better livelihood for them”.
CDB has special payment plans for those in the agricultural sector, where seasonal
payment methods are tailor-made as per the different harvesting periods and yields in
the area. These facilities are provided with low-interest rates for farmers coupled with a
flexible payback period. These facilities will be processed at their convenience, with
minimum documentation and doorstep services.
“It is a great pleasure to offer our exclusive facilities to Sri Lankan farmers. Farmers play
a vital role in development within the country and their work is rarely felicitated. The
current contribution of the agricultural sector for the GDP is around 7.4% which
emphasizes on the space for further expansion by focusing on new technology. Uplifting
this particular sector will help the country maintain a sustainable economy and CDB will
always be in support of providing assurance to the finest assets of the country.”
added Director Business Operations, CDB, Dave De Silva.
Citizens Development Business Finance PLC (CDB) is a publicly quoted corporate
leader positioned among the Top Five Largest Non-Banking Financial Institutions in Sri
Lanka with an island-wide presence, driven by a state-of-the-art technological platform
that has revolutionized the way financial services are performed in Sri Lanka.
