Triodos Fair Share Fund and Triodos Microfinance Fund have provided a EUR 5 million subordinated debt facility to Citizens Development Business Finance (CDB) in Sri Lanka. This facility supports CDB’s long-term strategy to be a leading player in financing the transition to a green and inclusive economy.
CDB offers a wide range of saving, deposit, payment, loan and leasing products, serves close to 90,000 customers and has a national network of 70+ branches. Constant Tilman, Investment Manager for Asia at Triodos Investment Management, stated: "CDB’s philosophy, strategy and operations are those of a truly values-driven organization. It has a strong social and even stronger environmental focus, whereby the impact of every action or activity on society, the economy and environment are taken into account. This makes CDB a perfect fit, aligned with our mission and vision.”
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