SDB bank enters into MOU with Browns & Company
SDB bank and Browns & Company PLC have entered into a memorandum of understanding (MOU) to offer financing solutions exclusively for the brandnew Tafe and Massey Ferguson compact tractors for both ranges of 2x4 and 4x4, assuring the bank’s commitment to the agricultural sector.
The agreement was signed by SDB bank CEO Thilak Piyadigama and Browns & Company PLC General Manager Sanjaya Nissanka, with the participation of SDB bank DCEO Delrene Seneviratne, SDB bank Leasing Head V. Ranjeev Beadle, SDB bank Senior Manager/divisional Head Leasing Assessment W.V.P.A. Samantha and Browns & Company Business Development Manager Chanaka Chandrasekara.
Valuing the contribution of the agricultural sector to Sri Lanka’s economy, SDB bank is proud to be part of this endeavour for the third consecutive year.
SDB bank is a licensed specialised bank regulated by the Central Bank of Sri Lanka, with a listing on the Main Board of the Colombo Stock Exchange and a Fitch Rating of BB + (Stable).
Through its network of 94 branches islandwide and over 5000 ATM points enabled by the Lankapay inter-bank network, the bank provides a comprehensive range of financial services to its retail, SME, co-operative and business banking clients across the country.
SDB bank’s closely-linked brand value and business growth led to the bank being placed within the top 50 in ‘Sri Lanka’s 100 most valuable brands’ list for 2020, conducted by the local arm of the global brand valuation consultancy Brand Finance, which is regulated by the Institute of Chartered Accountants England and Wales.