SANASA Development Bank PLC 2024 IR
The report highlights SANASA Development Bank PLC's performance and strategic progress for the fiscal year 2024, prepared in accordance with the Integrated Reporting Framework. The bank focused on financial inclusion, rural development, and supporting small and medium enterprises (SMEs) across Sri Lanka. Key achievements include the launch of the Rural Upliftment Program, which provided training to 831 cooperative societies and over 6,400 individuals, and the expansion of its digital banking services, with POS and online transactions exceeding 11 million. Despite a challenging macroeconomic environment, the bank maintained a robust capital position with a total capital ratio of 16.37% and achieved a profit after tax of LKR 410 million.
Company: SANASA Development Bank PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2024
Type: IR
Pages: 282
SANASA Development Bank PLC
The report highlights SANASA Development Bank PLC's performance and strategic progress for the fiscal year 2024, prepared in accordance with the Integrated Reporting Framework. The bank focused on financial inclusion, rural development, and supporting small and medium enterprises (SMEs) across Sri Lanka. Key achievements include the launch of the Rural Upliftment Program, which provided training to 831 cooperative societies and over 6,400 individuals, and the expansion of its digital banking services, with POS and online transactions exceeding 11 million. Despite a challenging macroeconomic environment, the bank maintained a robust capital position with a total capital ratio of 16.37% and achieved a profit after tax of LKR 410 million.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees