Company Information

Get to know citizens development business finance plc

Founded in 1995, Citizens Development Business Finance PLC (CDB) is a public quoted company listed on the Colombo Stock Exchange and a leading Non-Banking Financial Institution (NBFI) in Sri Lanka. Licensed by the Monetary Board of the Central Bank of Sri Lanka, CDB has grown significantly over the years, establishing a strong reputation for financial stability and innovation. The company's mission is to foster financial inclusion and empower individuals and businesses by offering a diverse portfolio of services, including savings accounts, fixed deposits, leasing and hire purchase, personal and business loans, gold loans, and digital financial solutions through its CDB iNet platform.

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Financial BankingPRIMARY
Financial Other Service

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citizens development business finance plc

Sri Lanka

Founded in

1995 (31 Years)

Founded

Last online: No recent activity

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Cyprus

2017

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.