About CDB
CDB is a Financial Services company based in Colombo (Sri Lanka) founded in 1995. Commercial banking services are offered by CDB in Sri Lanka. Its website cdb.lk draws about 16 thousand monthly visits. Its focus areas include Banks and Commercial Banks. Its competitors include Seylan Bank, Sampath Bank and Nations Trust Bank.
Company details
CDB was established in 1995 as a commercial bank headquartered in Colombo, Sri Lanka. Core operations encompass deposit accounts, lending facilities, and standard financial transactions for retail and corporate clients. The bank maintains its presence within the Sri Lankan financial sector, with services delivered through physical branches and online platforms via the domain cdb.lk. Focus is placed on local economic activities without international expansion noted.
- Latest Funding Round$25M (USD), Debt – Conventional
Dec 2023
- InvestorsFMO
& 2 more
Apps and channels of CDB
CDB publishes 2 mobile apps with over 10K+ downloads; its YouTube channel Citizens Development Business Finance PLC (CDB) has 2.83K subscribers and 30 videos.
Videos from CDB
The most watched videos on CDB's YouTube channel, Citizens Development Business Finance PLC (CDB) (2.83K subscribers). Click a video to play it here.
Funding Insights of CDB
- Total Rounds 3
- Last Round Debt – Conventional — $25M
- First Round $6M
(Oct 2013)
- Investors Count 3
All 3 funding rounds of CDB with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $25M | Debt – Conventional | – | – | |
| Mar 2021 | $5.97M | Debt – Conventional | – | – | |
| Oct 2013 | $6M | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in CDB
CDB has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FMO, Triodos Investment Management and BIO Invest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Diversified investment portfolios are managed for various clients. | triodos-im.com | Driebergen Rijsenburg, Netherlands | ||
Private equity and funds of funds | bio-invest.be | Brussels, Belgium |
Investor details for CDB
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of CDB
41 people are tracked at CDB (12 in leadership, 7 in board & advisors, 22 in team).
| Name | Role | Group |
|---|---|---|
Mahesh Nanayakkara | Managing Director & CEO | Leadership |
Sasindra Munasinghe | Executive Director, Sales & Business Development | Leadership |
Karthik Elangovan | Executive Director & Chief Emergent Business Officer | Leadership |
Damith Tennakoon | Executive Director & Deputy CEO & CFO | Leadership |
Roshan Abeygoonawardena | Executive Director, Corporate Finance | Leadership |
Darshana Jayasinghe | Senior Deputy General Manager – Marketing | Leadership |
Shavindra Fernando | Assistant General Manager / Chief Information Security Officer | Leadership |
Ms Kodagoda | Senior General Manager – HR And Administration | Leadership |
Prasad Ranasinghe | Deputy General Manager - Gold Loan Sales | Leadership |
Chamath Siriwardana | Senior Assistant General Manager - Finance | Leadership |
Dave De Silva | Executive Director, Business Operations | Leadership |
Dassana Chandrananda | Deputy General Manager – Liability Portfolio Sales | Leadership |
Jagath Priyantha Abhayaratne | Director | Board & advisors |
Alastair Corera | Chairman | Board & advisors |
Samitha Hemachandra | Non Executive Director | Board & advisors |
Pandithasudara Rajitha Wajirangani Perera | Director | Board & advisors |
Sujeewa Kumarapperuma | Director | Board & advisors |
Prasadini Gamage | Director | Board & advisors |
Prof Amaratunge | Director | Board & advisors |
Nipun Dilhara | Operation Assistant | Team |
21 more people are available in the full profile.
Complete people profiles for CDB
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of CDB
3 dated milestones of CDB across 28 years, from founding to its latest funding, stage changes and deals.
- Founded CDB is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Debt – Conventional, of $25.0M.
Competitors of CDB
CDB has 3 listed competitors in our database. They include Seylan Bank, Sampath Bank and Nations Trust Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| seylan.lk | 1987 | Colombo, Sri Lanka | Commercial banking services are provided to customers in Sri Lanka. | |||
| sampath.lk | 1986 | Colombo, Sri Lanka | Commercial banking services are offered in Sri Lanka. | |||
| nationstrust.com | 1999 | Colombo, Sri Lanka | Commercial banking services are provided in Sri Lanka since 1999. |
Detailed competitors of CDB
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of CDB
The website of CDB (cdb.lk) receives about 15.9K visits a month.
- Monthly visits15.9K
▼ 29.8% vs previous month
Websites whose visitors overlap most with CDB. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pabcbank.com | 100% | 114.7K | #269,332 | View details | |
| seylan.lk | 96% | 186.2K | #247,736 | View details | |
| hnb.net | 81% | 12.1K | #2,247,721 | View details | |
| cclk.lk | 80% | 9.7K | #2,294,339 | View details | |
| sampath.lk | 73% | 483.8K | #88,065 | View details | |
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| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for CDB
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- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Cdb
Complete news archive for CDB
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about CDB
CDB was founded in 1995 and raised its 1st funding round 18 years after it was founded.
CDB is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
CDB was established in 1995 as a commercial bank headquartered in Colombo, Sri Lanka. Core operations encompass deposit accounts, lending facilities, and standard financial transactions for retail and corporate clients. The bank maintains its presence within the Sri Lankan financial sector, with services delivered through physical branches and online platforms via the domain cdb.lk. Focus is placed on local economic activities without international expansion noted.
CDB's top competitors include Seylan Bank, Sampath Bank and Nations Trust Bank.
CDB has 3 investors. Key investors include FMO, Triodos Investment Management, and BIO Invest.
Yes. CDB publishes Self Digital and 1 more app, with over 10,000 downloads.