SDBbank has entered into a strategic partnership with Rabobank, a Dutch financial institution, to elevate the Sri Lankan agribusiness sector by empowering the cooperative sector and SMEs.
This collaboration aims to build an efficient and productive financing model, focusing on social and environmental sustainability, leveraging digital solutions, climate-smart agriculture, value chain development, and potential partnerships to uplift small and medium businesses and agricultural activities.
Rabobank, headquartered in Utrecht, Netherlands, is the second-largest bank in the Netherlands in terms of total assets. With a primary international focus on food and agribusiness, Rabobank is well-known for its expertise in aligning stakeholders in the agribusiness ecosystem to achieve comprehensive, sustainable sector growth. Through its networks, knowledge, finance, and innovation, Rabobank connects parties in the food ecosystem to address key challenges such as financial inclusion, rural development, and sustainable food security, with partnerships playing a central role in this process.
The partnership between SDBbank and Rabobank will leverage Rabobank’s expertise in networks, digital solutions, impact finance, rural development investment, SME development, and agricultural development to guide SDBbank in navigating the complex strata of the agribusiness sector in Sri Lanka. This collaboration is expected to drive sustainable growth, enhance financial inclusion, and foster innovation in the Sri Lankan agribusiness sector.
