Financial Overview | SDB bank Sri Lanka | Financial Statements

Financial Overview

As your leading partner in national development, SDB bank believes in creating long-term value and augmenting returns to our shareholders, with a clear vision to deliver unparalleled financial services that contribute to empowering customers and improving our national economy.

Our strategic position as the fastest growing MSME bank in Sri Lanka affords us the license to capitalize on our strength as a reliable enabler for grassroots development, the most promising stakeholder segment in our nation’s economic growth and progress.

Statement of Financial Position

	2022 (LKR '000)	2021 (LKR '000)	Change in LKR (LKR '000)	% Change
Financial Assets	43,066,617.03	31,048,085.88	12,018,531.15	38.71%
Loans and Advances	110,525,450.19	111,891,255.62	(1,365,805.43)	-1.22%
Other Assets	5,928,964.66	4,879,574.58	1,049,390.08	21.51%
Total Assets	159,521,031.88	147,818,916.07	11,702,115.80	7.92%

Customer Deposits	107,533,001.77	93,902,939.22	13,630,062.56	14.52%
Total Borrowings	35,760,137.81	37,322,416.67	(1,562,278.86)	-4.19%
Other Liabilities	2,568,677.38	2,463,863.67	104,813.71	4.25%
Equity	13,659,214.91	14,129,696.53	(470,481.62)	-3.33%
Total Liabilities and Income	159,521,031.88	147,818,916.08	11,702,115.80	7.92%

Profitability Movement (LKR '000)

	2022	2021	2020	2019	2018
Profit Before Tax	96,957	1,329,808	1,412,930	585,827	644,142
Profit for the year	61,166	883,278	836,287	253,405	356,950

Operating Income ( LKR '000)

	2022	2021	2020	2019	2018
Net Interest Income	6,839,054	6,773,649	6,127,426	5,696,795	4,723,029
Net Fee and Commission Income	477,944	390,347	376,285	231,150	192,365
Total operating income	7,745,435	7,435,849	6,832,877	6,135,068	5,216,378
Net operating income	5,846,959	6,792,141	6,415,838	6,415,838	4,690,534

Net Interest Margin

	2022	2021	2020	2019	2018
Net Interest Margin	4.90%	5.47%	5.89%	5.89%	5.50%

Operating Expenses (LKR '000)

	2022	2021	2020	2019	2018
Personnel Expenses	2,940,243	2,542,695	2,576,773	2,116,348	1,827,073
Depreciation & Amortisation	488,515	528,447	454,569	431,193	224,260
Other Expenses	1,936,942	1,848,265	1,400,539	1,420,073	1,526,132

Total Assets ( LKR '000)

	2022	2021	2020	2019	2018
Total Assets	159,521,032	147,818,916	129,059,724	107,783,624	96,817,767

Loans and Advances ( LKR '000)

	2022	2021	2020	2019	2018
Loans and Advances	110,525,450	111,891,256	102,662,269	85,823,335	77,507,021

Total Deposits ( LKR '000)

	2022	2021	2020	2019	2018
Total Deposits	107,533,002	93,902,939	93,271,727	72,431,923	67,474,822