CDB as it is popularly known has been in the financial services industry since 1995. CDB is registered under the Finance Companies Act by the Monitory Board of Central Bank of Sri Lanka and the Corporate Office is located at No. 18 Sri Sangaraja Mawatha, Colombo 10. CDB extend their services through an outlet network of 32 spread across the country.
Inward Remittances have become an operation much sought after by most Banks and Financial Institutions in view of the fact that many Sri Lankans are employed overseas and the Sri Lankan Diaspora are present in many developed countries, remitting to family members on a regular basis.
Having assessed the potential in this field of operation CDB signed a sub representative agreement with Hatton National Bank Plc, the super agents for MoneyGram in Sri Lanka on 26th July, 2010 at the HNB Towers at Darley Road. Colombo 10.
The ceremony was graced by Mr Harsh Lambah, Regional Director-South Asia for MoneyGram International and Mr Gautam Kalro, Regional Manager - West & South India, Sri Lanka & Maldives for MoneyGram International.
The agreement was signed by Mr M C Nanayakkara - Director/GM/CEO and Mr P A Jayawardena - Director on behalf of CDB and by Mr Rajendra Theagarajah - Managing Director/CEO and Mr J M J Perera - Senior Deputy General Manager (Business Development & International Relations) of HNB
Picture shows Mr Rajendra Theagarajah, Managing Director/CEO,HNB & Mr C. M .Nanayakkara (Director/GM/CEO),CDB exchanging the agreement while Mr Harsh Lambah, Regional Director - South Asia,MoneyGram International Mr Jayantha Perera,SDGM - Business Development & International Relations,HNB Mr P. A . Jayawardena (Director), CDB, Mr Gautha Kalro, Regional Manager - West & South India, SriLanka & Maldives, MoneyGram International looks on.