Sarvodaya Development Finance Archives

November 16, 2021

16 November 2021: The Initial Public Offering (IPO) of Sarvodaya Development Finance (SDF) will open to the public on 23rd November and will comprise an initial issue of 22,727,273 shares raising LKR 500 Mn followed by a green shoe issue of a further 22,727,273 shares for an additional LKR 500 Mn. Two […]

October 27, 2021

26th October 2021 Sarvodaya Development Finance (SDF) recently announced its Initial Public Offering (IPO) proposition and will be allowing potential investors the ability to submit applications for the IPO, which will open on the 23rd of November 2021. SDF is a dynamic financial services provider that aims to uplift and empower rural […]

October 12, 2021

Chief-Executive-Officer-of-Sarvodaya-Development-Finance-Nilantha-Jayanetti.jpg

12th October 2021 Cognizant of the economic difficulties faced by rural villages due to the restrictions during the pandemic, Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, plans to launch the ‘Smart Village App’ to enable better connectivity and strengthen […]

September 30, 2021

29th September 2021 Sarvodaya Development Finance further strengthened its leadership ranks with the appointment of high net-worth investor on Colombo Stock Exchange (CSE) S.N. Senthilverl as a non-executive, non-independent Director, to the Board of Directors. Being an extremely active investor at the CSE, Senthilverl who has earned his MBA from University of Southern Queensland Australia, […]

April 26, 2021

SDF Adopts Google App Sheets to Streamline Processes and Increase Productivity Colombo, Friday 23rd April 2021: During the recent global pandemic and ensuing lockdown periods businesses realized the importance of digitalization and embracing digital platforms to better serve their customers. As the world moves into the post-pandemic “new normal”, consumers themselves are […]

July 27, 2020

Sri Lanka’s SME sector, whilst being too big to fail can easily be overlooked by larger strategically important corporations during a crisis. ACCA Member and Chairman of Sarvodaya Development Finance, Channa de Silva recommends that small businesses, banks and the state need to change strategy to survive the economic fallout of Covid-19. Access to bank […]

July 24, 2020

Sarvodaya Development Finance, a licensed Finance Company approved by the Central Bank of Sri Lanka, launched “Nena Diriya” Micro Leasing Loan with the aim of uplifting the education of children in suburban and rural parts of Sri Lanka by providing them access to purchase laptops at concessionary rates. The launch ceremony, attended by Sarvodaya Development […]

July 1, 2020

Sarvodaya Development Finance (SDF), the financial services arm of the Sarvodaya Movement, sailed through the turbulent 2019-20 financial year to report a record profit growth. The finance company, which funds the charitable and social development activities of the Sarvodaya Movement across rural Sri Lanka, recorded one of its best years of financial performance against one […]

June 25, 2020

Sarvodaya Development Finance, a licensed Finance Company approved by the Central Bank of Sri Lanka, has relocated its Kamburupitiya branch to provide an enhanced service to its valued customers in the area. The new branch is located at #7, Banduwatta, Akuressa Road, Kamburupitiya. Sri Lanka is widely known as the number one exporter of true […]

Sampath Bank and NDB Bank underwrite Sarvodaya Development Finance IPO

Sarvodaya Development Finance to debut Initial Public Offering on path towards securing economic resilience

‘Smart Village App’ enables business growth and alternate economic development

Sarvodaya Development Finance appoints S.N. Senthilverl to its Board of Directors

Sarvodaya Development Finance Embraces Digitalization with Finetech Consultancy

ACCA Member and Chairman Sarvodaya Development Finance Outlines Strategies to Revive SME’s

Sarvodaya Development Finance launches “Nena Diriya” to uplift education in suburban and rural Sri Lanka

Sarvodaya Development Finance sails gracefully through turbulent weather to record a profit growth of 147%

Sarvodaya Development Finance relocates Kamburupitiya branch to better serve cinnamon farmers in the area