SDB bank and Australia’s Market Development Facility partner to strengthen coconut, coffee and mango value chains

SDB bank, with its consistent focus on fueling national development by nurturing entrepreneurship, recently signed a Memorandum of Understanding (MoU) with the Australian Government-funded Market Development Facility (MDF) to strengthen its ongoing Value Chain Financing efforts.

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This strategic partnership will focus on uplifting the coconut, coffee, and mango sectors by addressing critical funding and development gaps across their respective value chains.

The MoU was signed in the presence of senior leadership from both organizations, including SDB bank’s Executive Director/CEO, Kapila Ariyaratne and MDF’s Sri Lanka Country Director, Ms Maryam Piracha.

Commenting on the partnership, Kapila Ariyaratne, Executive Director/CEO of SDB bank,

“As a Bank with a clear focus on contributing towards the development & prosperity of Sri Lanka, we view it as both a responsibility and an opportunity to support inclusive economic growth. Agriculture remains a vital pillar of the economy, and our Value Chain Funding program is designed to strengthen the entire ecosystem—not just through capital, but through strategic partnerships like this. We are confident that this collaboration with MDF will yield meaningful results at the grassroots level and contribute positively to the national economy.”