Regional Development Bank
Regional Development Bank is a state-owned Sri Lankan bank serving regional communities through a nationwide branch and self-service network.
Last updated August 31, 2026
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Overview
Regional Development Bank, also known as Pradeshiya Sanwardhana Bank, is a state-owned banking institution in Sri Lanka. Its name reflects a regional-development orientation rather than a global commercial-bank identity. The bank is headquartered in Kelaniya and operates a distributed domestic service network intended to provide banking access beyond the country’s largest commercial centres. Public reference material identifies Regional Development Bank as a Sri Lankan state-owned bank but does not provide enough verified information to establish its founding year, founder, ownership structure beyond state ownership, financial scale, website, listing status, or current leadership. Those details are therefore left unspecified in this entry. The available description does, however, document a significant physical and self-service footprint: 272 service points and 51 automated teller machines or cash-deposit machines. This network is a central part of the bank’s practical role, allowing customers in regional areas to access branch-based and automated banking services. The bank is also associated with the Sinhala name Pradeshiya Sanwardhana Bank and the corresponding Tamil-language identity used in Sri Lanka’s multilingual banking environment. The available source does not enumerate specific account products, lending programmes, digital services, campaigns, or named flagship offerings, so no unsupported product claims are included here. In 2025, Regional Development Bank was identified as an ISO/IEC 27001:2022-certified bank. ISO/IEC 27001 is an information-security management standard; the certification is relevant to the bank’s information-security governance and technology controls, although the available material does not describe the scope of certification or the certifying body. The certification represents the clearest documented recent operational milestone. Overall, Regional Development Bank is best understood as a domestic, state-owned Sri Lankan banking brand with a regional-access mission and a broad service-point network. Its public profile is defined by geographic reach, public-sector ownership, and service infrastructure rather than by internationally marketed consumer products or a publicly traded identity. Additional official material would be needed to produce a fuller account of its history, product portfolio, governance, financial performance, and strategic priorities.
History
Regional Development Bank is a state-owned bank in Sri Lanka, also known by the Sinhala name Pradeshiya Sanwardhana Bank and a corresponding Tamil-language designation. The available reference material describes the institution’s identity, ownership status, headquarters, service footprint, and recent information-security certification, but does not provide a documented chronology of its establishment, institutional predecessors, legislative basis, or major changes in corporate structure. The bank’s head office is located in Kelaniya. Its operating model is characterized by a substantial domestic distribution network comprising 272 service points and 51 automated teller machines or cash-deposit machines. This infrastructure indicates an emphasis on making banking services available through regional locations and self-service channels. The available source does not distinguish among branches, extensions, agencies, or other forms of service point, so the figure is retained as reported without further classification. Regional Development Bank’s public identity is closely tied to regional development and state ownership. Unlike an internationally diversified banking group, it is presented in the available material as a Sri Lankan institution serving the domestic market. No verified information is supplied about its paid-up capital, balance sheet, customer base, lending sectors, deposit products, digital banking platform, or relationships with other state institutions. Consequently, those subjects remain open for further research rather than being inferred from the bank’s name. A documented recent milestone occurred in 2025, when the bank was identified as ISO/IEC 27001:2022 certified. The standard concerns information-security management systems. Certification can signal formalization of security-management processes, but the available reference does not state which systems, facilities, or business processes were covered, nor does it identify the certification provider. Because the available source material is limited, a complete institutional history cannot be responsibly reconstructed. There are no verified entries here for founding, leadership, product launches, campaigns, mergers, scandals, or financial decisions. Further primary sources, such as the bank’s official publications, annual reports, regulatory filings, or government records, would be required to expand the chronology and document governance and business development.
- 2025
ISO/IEC 27001:2022 certification
[1]Regional Development Bank was identified as an ISO/IEC 27001:2022-certified bank. The available source does not state the certification scope or certifying organization.
Products and positioning
A state-owned Sri Lankan banking brand focused on regional access and distributed banking services.
Recent events
- 2025
Regional Development Bank receives ISO/IEC 27001:2022 certification[1]
Other
Regional Development Bank was identified as an ISO/IEC 27001:2022-certified bank. The available reference does not specify the certification scope, auditor, or implementation details.
Sources1 sources
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