SDB bank spearheads strengthening the supply chain for the Wasthra Ceylon - A local entrepreneur

SDB bank, known for empowering local entrepreneurs and its dedication to value-based banking, proudly supported the launch of an innovative range of eco-friendly products developed by Wasthra Ceylon, an emerging local innovator in sustainable production by strengthening the supply chain via the “Rural Upliftment Program”, one of the core sustainability initiative of the Bank.

Wasthra Ceylon’s offerings include ‘Nari’ sanitary napkins—the highlight of the collection—as well as banana flour, eco-conscious packaging, clothing, and even banana-based food products. Crafted from the versatile banana plant, this product line emphasizes both environmental sustainability and economic opportunity, unveiled at a launch event in Badagiriya, Hambantota. Wasthra Ceylon with the visionary thinking of its Founder / CEO Thanuj Chandrasekara is committed to transforming banana fiber from typically discarded trunks and leaves into valuable products that uplift rural communities. This approach not only reduces waste but also creates a secondary income stream for banana farmers in Sri Lanka’s rural regions.  

SDB bank’s collaboration with Wasthra Ceylon aligns with its sustainability mission to promote economic resilience and rural community upliftment. Working in partnership with the Department of Agrarian Development, the bank supports banana farmers by creating value-added supply chains that drive growth for both the rural economy and sustainable industries. Beyond financial assistance, SDB bank also facilitates access to manpower, materials, and technology, empowering local communities to benefit from these innovative products.

The launch of ‘Nari’ and the broader range of eco-friendly products signals a new era in sustainable innovation for Sri Lanka,” noted Shanka Abeywardene DGM/Chief Financial Officer of SDB bank. “As a bank deeply rooted in the rural economy, SDB bank strengthens the foundations of local businesses like Wasthra Ceylon and is committed to supporting visionary entrepreneurs by solidifying the value chain via connections with funding, supply chains, and expert mentorship that makes SDB bank unique from the rest” he further stated.  

Through the launch of this entire eco-friendly product line, SDB bank and Wasthra Ceylon reaffirm their shared commitment to a greener, more inclusive future for Sri Lanka. This partnership highlights SDB bank’s dedication to sustainable development, rural empowerment, and national economic growth.

About SDB bank

A future-ready bank, dedicated to offering customer-centric and comprehensive support tailored to each individual's needs, SDB bank is a licensed specialized bank regulated by the Central Bank of Sri Lanka, with a listing on the Main Board of the Colombo Stock Exchange and a Fitch Rating of BB +(lka). Through the network of 94 branches Island wide, the bank provides a comprehensive range of financial services to its Retail, SME, Co-operative, and Business Banking clients across the country. Environmental, Social, and Governance (ESG) principles are deeply ingrained in SDB Bank's ethos, with a steadfast focus on uplifting local communities and businesses through sustainable practices. The bank is particularly committed to promoting women's empowerment, sustainable development of SMEs, and digital inclusion, aiming to propel Sri Lanka to new heights.

Symbolizing the SDB bank’s support to Wasthra Ceylon by strengthening the supply chain via SDB bank’s Rural Upliftment Program

L-R – U.K.B.Aravinda – AGM / Head of Branch Banking, SDB bank, Shanka Abeywardena – DGM/ Chief Financial Officer, SDB bank, Thanuj Chandrasekara – Founder/CEO, Wasthra Ceylon, Sumedha Kumaraarachci – Manager Rural Upliftment, SDB bank