October 16, 2024
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5min
DIMO, a leading diversified conglomerate in Sri Lanka, has recently partnered with Sarvodaya Development Finance (SDF) to provide accessibility to high-quality agricultural equipment for small and medium-scale farmers. The objective of this partnership is to elevate the agriculture industry’s mechanization to further develop efficiency and productivity.     Through this agreement, Sarvodaya Development Finance will […]

July 15, 2024
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5min
Sarvodaya Development Finance PLC has achieved a record-breaking year in terms of financial performance, marking financial year 2023/24 as one of unprecedented growth and resilience. Accordingly, the company reported its highest-ever profits, underpinned by a robust 43.5% growth in Net Interest Income and a 45.7% increase in Total Operating Income. Despite challenges amidst a dynamic […]

June 27, 2024
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3min
Sarvodaya Development Finance PLC recently conducted its overseas tour competition, an internal initiative aimed at inspiring, recognising, and rewarding exceptional performances amongst its staff. The competition evaluated participants based on specific criteria relevant to their respective roles. Accordingly, Business Development Officers, Branch Managers, and Regional Managers were assessed on business volumes, portfolio growth, and collections […]

April 29, 2024
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4min
The financing aims at supporting the company to keep providing financial services to the agricultural sector, especially via their agricultural machinery leasing product. Brussels, Belgium & Sri Jayawardenepura Kotte, Sri Lanka – 25 April 2024 – AgriFI, the EU funded Agriculture Financing Initiative, managed by EDFI Management Company, announced today a USD 3 million loan […]

November 13, 2023
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4min
      In a bold step towards fostering sustainable agricultural practices and uplifting farming communities, Sarvodaya Development Finance PLC (SDF) has commenced its “Araliya Paddy Seeds” distribution project. The core objective of this initiative is to contribute significantly to the economic development of the targeted areas while simultaneously boosting the production of essential food […]

October 9, 2023
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5min
      Sarvodaya Development Finance PLC (SDF), a trailblazing force in Sri Lanka’s development finance sector, recently opened its newest branch in Kethsirigama, Ampara. This milestone expansion marks a significant leap forward in SDF’s mission to empower rural communities and provide access to financial services, particularly for those who are often overlooked by traditional […]

December 30, 2022
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3min
      In recognition of its commitment to and excellence in Transparency, Accountability, Governance and Sustainability (TAGS) reporting, Sarvodaya Development Finance PLC, one of Sri Lanka’s leading licensed development finance companies, was presented with a Gold Award at the TAGS Awards, conducted by the Institute of Chartered Accountants of Sri Lanka. The award was […]

December 13, 2022
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4min
      Sarvodaya Development Finance (SDF), the first Development Finance company in Sri Lanka, recently signed a Memorandum of Understanding (MOU) with Hayleys Agriculture Holdings Limited (HAHL), one of Sri Lanka’s leading suppliers of agriculture products. The partnership aims to facilitate the sale of Kubota and E-Kubota Tractors, Kubota Combine Harvesters, and Agrotech Combine […]

October 12, 2022
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6min
      Sarvodaya Development Finance (SDF) marked World Literacy Day by highlighting its education-related initiatives. World Literacy Day is marked each year on the 8th of September, and is being celebrated this year under the theme, “Transforming Literacy Learning Spaces”. World Literacy Day is an opportunity for individuals, organizations and societies to reflect on […]

October 12, 2022
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4min
      Sarvodaya Development Finance (SDF), Sri Lanka’s first development finance company won the Merit Award in the banking and finance sector category at BestWeb.lk 2022 awards, organized by the LK Domain registry. The 12th edition of the BestWeb.lk awards ceremony featured Sri Lanka’s leading brands and companies with innovative websites. Significantly, Sarvodaya Development […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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