Company Citizens Development Business Finance PLC

Equities

CDB.N0000

LK0368N00007

Consumer Lending

End-of-day quote Colombo S.E. 06:00:00 2024-05-14 pm EDT 5-day change 1st Jan Change
210 LKR 0.00% Intraday chart for Citizens Development Business Finance PLC -4.55% +5.00%

Business Summary

Citizens Development Business Finance PLC is a Sri Lanka-based company, which provides a range of financial services. The Company’s services include accepting term and savings deposits, leasing, hire purchase, loan facilities, gold loan, foreign exchange, foreign remittances, and issuance of international debit cards, credit cards, margin trading, Islamic finance products and other financial services. It has three segments: Leasing and stock out on hire, Loans and advances, and Others. Leasing and stock out on hire segment is engaged in finance lease business and hire purchases of the Company. Loans and advances segment is engaged in providing loans and advances to the customers other than leasing and hire purchases of the Company. Others segment is engaged in providing other products and services. Its products include CDB Real Savings, CDB Salary Plus, CDB Dhana Surekum Fixed Deposits, CDB Corporate Finance, CDB Personal Loans, CDB Credit Cards, CDB Debit Card, and other.

Number of employees: 1,820

Sales per Business

LKR in Million2022Weight2023Weight Delta
Lease and Stock Out on Hire
43.7 %
10,427 59.3 % 9,412 43.7 % -9.73%
Loans and Advances
33.6 %
4,271 24.3 % 7,241 33.6 % +69.54%
Other
16.1 %
497 2.8 % 3,481 16.1 % +600.36%
Reconciling Items
6.6 %
2,378 13.5 % 1,428 6.6 % -39.95%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
17,572 100.0 % 21,561 100.0 % +22.70%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 00-12-31
Director of Finance/CFO 56 03-08-31
Chief Operating Officer 54 11-12-31
Chief Tech/Sci/R&D Officer - -
Compliance Officer - -
Chief Tech/Sci/R&D Officer - -
Chief Administrative Officer 48 95-12-31
Chief Tech/Sci/R&D Officer - -
Director/Board Member 54 05-05-31
Director/Board Member 43 04-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 58 16-10-19
Chief Executive Officer 55 00-12-31
Director/Board Member 54 05-05-31
Director/Board Member 53 00-12-31
Director/Board Member 43 04-06-30
Chief Operating Officer 54 11-12-31
Chairman - 19-05-15
Director/Board Member - 19-12-31
Director/Board Member - 20-10-24
Director/Board Member - 20-08-15

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 60,506,754 8,074,720 ( 13.35 %) 0 13.35 %

Holdings

NameEquities%Valuation
663,624 3.32% 5,487,447 $

Company contact information

Citizens Development Business Finance Plc

No. 123, Orabipasha Mawatha

00100, Colombo

+

http://www.cdb.lk
address Citizens Development Business Finance PLC(CDB.N0000)
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