Housing Development Finance Corporation Bank of Sri Lanka

HDFC Bank of Sri Lanka is a specialised, state-backed retail bank focused on housing finance and related consumer lending for underserved low- and middle-income segments. The bank provides mortgage and housing-related credit, including EPF-backed housing loans, and offers doorstep and branch-based services to expand formal financial access across Sri Lanka. The ownership is split between state entities (51%, principally the NHDA and other government institutions) and public shareholders (49%). Beyond core housing finance, HDFC Bank offers a range of lending and financing products, including diversified leasing facilities, short-term lending such as gold loans, green finance products (including green personal loans for renewable energy projects), and the HDFC Super Draft product with simplified documentation and flexible repayment terms. Delivery channels include a network of 39 branches across all provinces, a team of over 45 palmtop/mobile banking professionals providing doorstep services, ATMs and digital platforms for 24/7 account access. The bank emphasises prudent risk and credit management, regulatory compliance and financial inclusion, supported by initiatives in loan restructuring and recovery, deposit mobilisation, IT and cybersecurity measures, and stakeholder engagement. It holds a national long-term rating of BB+ (lka) from Fitch and has received recognitions for compliance, transparency and support for social bond issuance.