Sanasa Development Bank

Sanasa Development Bank PLC, founded in 1997 and based in Colombo, Sri Lanka, offers a range of financial products and services aimed at promoting financial security and economic stability. The bank operates through four main segments: Banking, Leasing, Treasury, and Pawning. In the Banking segment, it provides individual customers with deposit options and various financing products, including consumer, equipment, and home loans. The Leasing segment focuses on lease and hire purchase services, while the Treasury segment manages funds placement and equity investments. The Pawning segment offers pawning advances to customers. Sanasa Development Bank also emphasizes microfinance activities to support low-income families, serving a clientele that includes farmers, fishermen, vendors, laborers, and small business owners. To enhance customer convenience, the bank provides mobile, internet, and SMS banking services along with debit card facilities, operating through a network of 94 branches and approximately 5,000 ATMs across the country.