Regional Development Bank (RDB) is a government owned bank in Sri Lanka. It provides financial and banking services to people. It was founded in 1984. The RDB provides affordable and accessible financial services to individuals, small businesses and communities in Sri Lanka. Note: If you are looking RDB SWIFT Code or branch codes, click RDB SWIFT code.
Services
The Regional Development Bank offers a range of financial services to support the development of rural and regional communities in Sri Lanka. These services include:
- The RDB offers savings and deposit. It helps individuals and communities to save their money and earn interest on their investments. These include fixed deposits, savings accounts, and term deposits.
- The bank provides loans to individuals and small businesses for agriculture, fisheries, livestock, and small and medium-sized enterprises (SMEs). These loans are designed to be affordable and accessible, and they come with flexible repayment options and low-interest rates.
- The RDB provides microfinance services to support the development of small businesses and entrepreneurs in rural and regional communities. These services include microloans, micro insurance, and micro savings products.
- It provides remittance services to help Sri Lankans living abroad to send money to their families and friends in Sri Lanka. The bank's remittance services are fast, secure, and affordable, and they come with competitive exchange rates.
- The bank offers treasury services to help businesses manage their cash flows and invest their surplus funds. These services include money market operations, foreign exchange transactions, and government securities trading.
The Regional Development Bank has had a significant impact on the development of rural and regional communities in Sri Lanka. The bank has helped to provide affordable and accessible financial services. It has helped to promote economic growth and social development.
It has also played a key role in supporting the agriculture sector in Sri Lanka. This sector is a major contributor to the country's economy. The bank's loans and other financial services have helped farmers and increased productivity.
Location and Branches
The RDB has a nationwide network of branches, and its head office is located in Colombo. The bank has over 268 branches and service centers spread across the country. This makes the RDB as one of the largest rural development banks in Sri Lanka. The bank's branches are located in all districts of the country.
Contact Details
Head Office: Regional Development Bank 933, Kandy Road Wedamulla, Kelaniya Sri Lanka
Telephone: +94 11 200 88 88; Email: info@rdb.lk; Website: www.rdb.lk