Business Model

Our Portfolio

The Bank’s primary lines of business are Corporate Banking, Branch and SME Banking, Small Business Enterprise Banking, Business Banking, Consumer Banking, Treasury and International Banking. The business lines are complemented by its subsidiaries, a joint venture and an associate company for services in consultancy, information technology, industrial estate management, investment banking and fund management.

The Bank offers the full range of development and commercial banking solutions through its growing island-wide branch network.

Product/Service Target Segment
Project loans funded by credit lines
Small and Medium Enterprises (SMEs)
New Comprehensive Rural Credit Scheme Short-term cultivation
Miridiya (Aquatic Resources Development Revolving Fund) Freshwater fish and prawn production, nurseries, processing plants, ornamental fish, aquatic plants, tissue culture and ornamental aqua plants Targeted Districts: Anuradhapura, Ampara, Badulla, Batticaloa, Hambantota, Kurunegala, Matale, Moneragala, Nuwara Eliya, Polonnaruwa, Puttalam, Ratnapura, Trincomalee and Vavuniya
Self-employment Promotion Initiative Loan Scheme Vocational qualification holders
Working capital loan scheme for registered tea factories Registered tea factories
SMILE III Revolving Fund SMEs
Commercial Scale Dairy Development Loan Scheme (CSDDLS) Dairy sector
Dasuna Revolving Fund Phase II SMEs in the Southern Province
Small and Medium Sized Enterprises Line of Credit (SMELoC) SMEs
Swashakthi (Micro and Small Enterprises Development Loan Scheme) Micro and small enterprises
Other project loans
Term loans
Corporates, SMEs, professionals and individuals
Working capital financing
  • Short-term working capital financing – overdrafts, revolving credit or short-term working capital loans
  • Medium long-term loans to finance permanent working capital requirements
Current account holders, corporates, SMEs and entrepreneurs Corporates, SMEs and entrepreneurs
Leasing facilities
‘Easy Leasing’ facilities for brand new and unregistered/registered vehicles, machinery, plant and equipment
Corporates, SMEs, entrepreneurs, professionals and individuals
Hire purchase facilities
Hire purchase facilities for vehicles
Corporates, SMEs, entrepreneurs, professionals and individuals
Guarantee facilities
Bid bonds, advance payment bonds, performance bonds, bank guarantees for credit purchase of goods
Corporates, SMEs, entrepreneurs, professionals and individuals
Time deposits
A wide range of tailor-made time deposit products at competitive interest rates
Corporates, SMEs and individuals
Loan syndication
Loans provided by a group of lenders which is structured, arranged and administered by one or several banks
Consultancy and advisory services
Provision of legal, tax, finance, market and other advisory services to start up a new business or revamp existing businesses
Corporates, SMEs and entrepreneurs
Savings facilities
Supreme Vaasi – Offers a superior rate of interest
Businesses and individuals aged 18 years and above
Mega Bonus – Interest rates grow in tandem with the savings deposits Businesses and individuals aged 18 years and above
Xtreme Saver - Offers the highest interest rate for LKR and Dollar denominated savings based on the account balance Businesses and individuals aged 18 years and above
Vardhana Junior – Children’s savings account offering a range of gifts and support for higher education Children below 18 years of age
Vardhana Junior Plus – Children’s savings account with a higher interest rate Children below 18 years of age
Vardhana Garusaru – Offers an attractive interest rate with a range of other benefits Senior citizens above 55 years of age
Personal loans
Loans that help meet personal financing requirements
Self-employed individuals, professionals and salaried individuals
Salary Booster
Overdraft facility that allows an advance of up to 90% of a month’s salary
Salaried individuals
Pawning services
Ranwarama Pawning – Gold-pledged advances
Mass market/individuals
Housing loans
Sandella – Flexible and convenient housing loans at affordable rates
Self-employed individuals, professionals and salaried individuals
Education loans
Vardhana Nenasa – Flexible and convenient loan facilities for higher education
Individuals pursuing higher studies
Other facilities
Includes a range of products and services such as current accounts, overdraft facilities, foreign currency accounts, credit card facilities, Vardhana Virtual Wallet, gift certificates, international trade services, off-shore banking, international payments, bancassurance, foreign money transfer via Western Union/Lanka Money Transfer and local payments.
Business community, entrepreneurs, professionals and individuals