CDB supports agricultural sector | Sunday Observer

CDB supports agricultural sector

25 July, 2021

Citizens Development Business Finance PLC (CDB) has come forward to support and enhance the agriculture sector. CDB will be at the forefront in supporting government policies to enhance the sector with tailor-made finance facilities for the growth and sustenance of agriculture.

CDB’s main focus will be empowering farmers and their aspirations mainly through facilitating the finances for the purchase of agri-equipment to enhance their efficiency in daily activities.

Director Sales and Development, CDB, Sasindra Munasinghe said, “Rice production is one of the main resources of our country. Therefore, providing a secure environment to continue production and taking care of our farmers is our foremost responsibility. With this in mind, CDB initiated these facilities which will empower all farmers’ aspirations and create a better livelihood for them.”

CDB has special payment plans for those in the agricultural sector, where seasonal payment methods are tailor-made as per the different harvesting periods and yields in the area.

“It is a great pleasure to offer our exclusive facilities to Sri Lankan farmers. Farmers play a vital role in development within the country and their work is rarely felicitated. The current contribution of the agricultural sector for the GDP is around 7.4% which emphasizes on the space for further expansion by focusing on new technology.

Uplifting this particular sector will help the country maintain a sustainable economy and CDB will always be in support of providing assurance to the finest assets of the country,” Director Business Operations, CDB, Dave de Silva. 

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