Not to be confused with HDFC Bank or Housing Development Finance Corporation.
HDFC Bank of Sri Lanka PLC
Logo of HDFC Bank of Sri Lanka
Company type
Public
Traded as
CSE: HDFC.N0000
ISIN
LK0339N00008
Industry
Financial services
Founded
1984; 40 years ago (1984)
Headquarters
Colombo
,
Sri Lanka
Number of locations
39 branches (5,845 ATMs) (2022)
Key people
E. D. P. Soosaipillai (Chairman)
Nishaman Karunapala (CEO/General Manager)
Revenue
LKR8,878 million (2022)
Operating income
LKR2,266 million (2022)
Net income
LKR326 million (2022)
Total assets
LKR62,882 million (2022)
Total equity
LKR6,716 million (2022)
Owners
National Housing Development Authority (49.73%)
LOLC Holdings (15.00%)
Thurston Investments Ltd. (14.15%)
Number of employees
588 (2022)
Website
hdfc.lk
Footnotes / references [1]
The Housing Development Finance Corporation Bank of Sri Lanka PLC, commonly abbreviated as HDFC Bank of Sri Lanka PLC, is a specialised housing bank in Sri Lanka. The bank commenced operations in 1984 as a building society. Through successive acts in the Parliament of Sri Lanka over the years, the bank transformed into a state-owned enterprise, then a specialised bank and a listed company on the Colombo Stock Exchange in 2005. Since widening its scope of business in 2011, the bank established itself as a supporter of small and medium-sized enterprises. The government of Sri Lanka holds 51% of the bank's stocks, mainly through the National Housing Development Authority. HDFC Bank is one of the LMD 100 companies in Sri Lanka. The bank ranked 78th in the 2020/21 edition.[2] Brand Finance calculated the brand value of HDFC Bank to be LKR763 million in 2022.[3] Due to the effects of the Sri Lankan economic crisis, Fitch Ratings placed the bank along with twelve other Sri Lankan banks on Rating Watch Negative.
^"Annual Report 2022" (PDF). cse.lk. HDFC Bank of Sri Lanka PLC. Retrieved 15 June 2023.
^"LMD 100". LMD. Media Services Pvt Ltd. 2021. p. 76. Retrieved 15 August 2022.
^"Sri Lanka 100 2022" (PDF). brandirectory.com. Brand Finance. 2022. p. 16. Retrieved 15 August 2022.
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Global Information
LKR8,878 million (2022)
LKR326 million (2022)