SDB bank has launched a value chain financing (VCF) model as a new value-driven business vertical, aligning with its core mission of empowering communities through sustainable financing. This initiative is designed to support both raw material suppliers and end buyers by offering tailored financial solutions that promote sectoral growth.
As part of this strategic move, SDB bank recently completed a successful VCF arrangement in the dairy sector. This initiative was implemented in collaboration with CEETEE (Coconut Triangle Milk Producer’s Co-operative Union Limited) and was managed by the bank’s Kuliyapitiya branch.
The funds allocated through this programme have been effectively utilised for cattle shed renovations, new shed construction, and cattle purchases. These efforts are expected to play a significant role in strengthening the local dairy industry, not just by providing financial assistance but also by supporting capacity-building initiatives.
In addition to financing, the bank conducted an awareness session for dairy farmers to enhance their knowledge and skills in the field. This session focused on improving productivity and financial literacy, offering practical guidance to help farmers make informed decisions and achieve better outcomes.
Commenting on the initiative, Kapila Ariyaratne, Executive Director and CEO of SDB bank, stated, “Value chain financing at SDB bank underscores our commitment to driving sectoral growth through customised financial solutions. Our first project, in collaboration with CEETEE, reflects our dedication to the development of the dairy sector. We believe initiatives like these not only uplift individual industries but also contribute meaningfully to broader national development goals.”
The awareness session covered key topics such as enhancing cow productivity, best practices in milk preservation, and financial management. Delivered by external experts alongside SDB bank professionals, the workshop was a significant step toward empowering farmers with the tools they need to thrive.
As a bank that consistently supports and empowers communities, cooperatives, entrepreneurs, and progressive SMEs, SDB bank remains committed to advancing the local dairy sector. The bank looks forward to continued collaboration with stakeholders to foster sustainable development and long-term growth in this vital industry.
