SANASA Development Bank PLC
Integrated Annual Report 2020
This is SDB bank
2020 at a Glance
Financial capital
Profit for the year 2020
LKR 835 Mn.
2019 – LKR 253.41 Mn.
Net interest income 2020
LKR 6.1 Bn.
2019 – LKR 5.7 Bn.
Manufactured capital
Digital banking options in 2020:
- LankaQR Code
- Digital signatures
- Digital customer onboarding
- UPay payment app
- SDB Mobile banking app
- Business Internet banking with CEFTS and
- SLIPS connectivity targeting SMEs
- Connected to LankaPay ATM network
Investment in PPE 2020
LKR 215 Mn.
2019 – LKR 172 Mn.
Total branch network 2020
94
2019 – 94
ATM network 2020
12
2019 – 12
Investment in IT equipment and intangible assets 2020
LKR 310 Mn.
2019 – LKR 395 Mn.
Institutional capital
Corporate culture and values
- Values clearly articulated
- Included in induction training
- Regular dissemination throughout the Bank
Organisational knowledge
- Over 20 years of knowledge
- Keen understanding of SMEs
- Products suited to customers
- Strategic Plan
Systems, Processes and IT
- Tablet-based loan approval system
- Digital signatures
- Integration with LankaQR Code
- Loan Originating System
- Mobile Deposit Collection
- Information Dashboard
- Payment platform
- Mobile banking app
- Internet banking
- SDB ATM Switch
Business ethics and integrity
- Governance framework
- Compliance policies
- Endorsement by international investors
Customer capital
Increasing customer convenience:
- QR Code facility
- Use of digital signatures for loan approvals
- Digital on boarding
- Tablet-computer-based loan approvals
- E-banking security
- ATM switch
Women entrepreneurs educated through Uththamavi workshops 2020
300
(During Q 1 as workshops were restricted due Covid safety)
2019 – 4,000
- Cooperative sector deposit and loan schemes
- Uththamavi Loans for women entrepreneurs
- Product portfolio that caters to people of all ages and occupations
- Uththamachara Product for Ranaviru families
- Divi Saviya product for MSME customers
Employee capital
New recruits 2020
50
2019 – 55
Male : Female equality 2020
52% : 48%
2019 – 52% : 48%
Investment in training 2020
LKR 7.9 Mn.
2019 – LKR 9.9 Mn.
Initiatives 2020
Building trust in the Management
- Town Hall meetings in all regions
- SDBCOM (Email) and New Channel SDB Connect (WhatsApp Group)
- SDB API – the monthly News Letter
- Two HR Leads (Ombudsman) appointed
- HR Together – Monthly regional HR forum
Management Development Programme (MDP)
- 360 degree assessments of corporate members
- 12 workshops in 6 months
- METTL – psychometric test
- Individual coaching
Employee engagement
- Healthy Life at SDB: 135,000 step challenge/“Power Hour”
- HR Together forum
- “LIFELINE” – Happiness is our choice
- E-learning platform – Better U WhatsApp group
- Digital solutions for enhancing the efficiency.
Business partner capital
Purchasing from local suppliers
Partnerships to benefit customers
Business tie-ups with:
- Browns & Company PLC
- John Keells Foundation
- Diesel & Motor Engineering PLC
- State Ministry of Defence.
- MILCO Private Limited
- MOU with CA Sri Lanka
Strategic partnerships and active memberships
Investor capital
Net asset value per share 2020
LKR 108.28
2019 – LKR 136.20
Market value per share 2020
LKR 58.10
2019 – LKR 63.90
Earnings per share – basic 2020
LKR 11.05
2019 – LKR 4.50
P/E ratio 2020
5.26 Times
2019 – 14.20 Times
