SANASA Development Bank PLC | Integrated Annual Report 2023

AC	Air Conditioner
ACA	Chartered Accountant
ADB	Asian Development Bank
AFS	Available for Sale
AGM	Assistant General Manager/Annual General Meeting (as appropriate)
ALCO	Assets and Liability Management Committee
AML	Anti-Money Laundering
AT I	Additional Tier I
ATM	Automated Teller Machine
AWPLR	Average Weighted Prime Lending Rate

BAC	Board Audit Committee
BCP	Business Continuity Plan
BIA	Business Impact Analysis
BIRMC	Board Integrated Risk Management Committee
BIS	Bank for International Settlements
BIO	Belgian Investment Company for Developing Countries NV/SA
Bn.	Billions
BNO	Bank Notes Operation
BOD	Board of Directors
BRPTRC	Board Related Party Transaction Review Committee
BRC	Business Registration Certificate
BSS	Baseline Standard
BHRRC	Board Human Resources and Remuneration Committee
BS and NC	Board Selection and Nomination Committee
BCC	Board Credit Committee
BSP and PI	Board Strategic Plan and Implementation Committee

CAR	Capital Adequacy Ratio
CASL	Chartered Accountants of Sri Lanka (ICASL)
CBSL	Central Bank of Sri Lanka
CCB	Capital Conservation Buffer
CEO	Chief Executive Officer
CET 1	Common Equity Tier I
CFO	Chief Financial Officer
CO2e	Carbon Dioxide Equivalent, is a standard unit for measuring carbon footprints
CRIB	Credit Information Bureau of Sri Lanka
CRMU	Credit Risk Management Unit
CRRF	Credit Risk Review Function
CSE	Colombo Stock Exchange
CSR	Corporate Social Responsibility
CA	Chartered Accountants
CAGR	Compound Annual Growth Rate

DFI	Development Financial Institutions
DGM	Deputy General Manager
DMS	Document Management System/Delinquency Monitoring System
DPS	Dividend per Share
DRP	Disaster Recovery Plan
DGGF	Dutch Good Growth Fund (Stichting foundsbeheer DGGF lokaal MKB)
DRL	Debt Repayment Levy
DFC	US International Development Finance Corporation
D-SIB	Domestic systematically important Banks

EAR	Earnings at Risk
EIR	Effective Interest Rate
EPF	Employees’ Provident Fund
EPS	Earnings per Share
ERM	Enterprise Risk Management
ESC	Economic Service Charges
ESOP	Employee Share Option Plan
ESG	Environmental, Social, and Governance
ETF	Employees’ Trust Fund
EUR	Euro
EVA	Economic Value Addition
EWS	Early Warning Signals

FSVAT	Financial Services Value Added Tax
FMO	Financierings – Maatschappij Voor Ontwikkelingslanden N.V.

GDP	Gross Domestic Product
GHG	Green House Gas
GL	General Ledger
GRI	Global Reporting Initiative

HO	Head Office
HQLA	High Quality Liquid Assets
HR	Human Resources
HRD	Human Resources Development
HTM	Held to Maturity

IBSL	Institute of Bankers of Sri Lanka
ICAAP	Internal Capital Adequacy Assessment Process
ICASL	Institute of Chartered Accountants of Sri Lanka
ICC	International Chamber of Commerce
ICOFR	Internal Control Over Financial Reporting
ICT	Information and Communications Technology
IFA	Investment Fund Account
IFRS	International Financial Reporting Standards
IIRC	International Integrated Reporting Council
IND	Independent Director IRMC Integrated Risk Management Committee
IRMU	Integrated Risk Management Unit ISMS Information Security Management System
ISO	International Organization for Standardization
IT	Information Technology

LCB	Local Commercial Bank
LCR	Liquidity Coverage Ratio
LGD	Loss Given Default
LKAS	Sri Lanka Accounting Standards
LTV	Ratio Loan to Value Ratio
LIBOR	London Inter Bank offered Rate

m3	Cubic meter
MIS	Management Information Systems
MoM	Month on Month
Mn.	Millions
MSME	Micro, Small and Medium Scale Entrepreneur
MW	Megawatt

OBS	Off-Balance Sheet
OCI	Other Comprehensive Income
ORMU	Operational Risk Management Unit
OTC	Over-the-Counter

Q&A	Question and Answer

RCSA	Risk and Control Self Assessments
RMU	Risk Management Unit
ROA	Return on Assets
ROCE	Return on Capital Employed
ROE	Return on Equity
RPT	Related Party Transaction
RPTRC	Related Party Transactions Review Committee
RSA	Rate Sensitive Assets
RSL	Rate Sensitive Liabilities
RWA	Risk Weighted Assets
RPA	Robotic Process Automation

SAFA	South Asian Federation of Accountants
SBU	Strategic Business Unit
SDF	Standing Deposit Facility
SEC	Securities and Exchange Commission of Sri Lanka
SLA	Statutory Liquid Assets
SLAR	Statutory Liquid Asset Ratio
SLAS	Sri Lanka Accounting Standards
SLDB	Sri Lanka Development Bonds
SLF	Standing Lending Facility
SLFRS	Sri Lanka Financial Reporting Standards
SLIBOR	Sri Lanka Inter Bank Offered Rate
SLIPS	Sri Lanka Interbank Payments System
SME	Small and Medium Enterprises
SMS	Short Message Service
SREP	Supervisory Review Process
SWIFT	Society for Worldwide Interbank Financial Telecommunication
SBCP	Specialised Board Subcommittee Capital Planning
SDFR	Standing Deposit Facility Rate
SLFR	Standing Lending Facility Rate
SRR	Statutory reserve ratio
SDGs	Sustainable Development Goals
SLBA	Sri Lanka Banks’ Association
SEO	Search Engine Optimization

Tn.	Trillion
ToR	Terms of Reference
TRWCR	Total Risk Weighted Capital Ratio
TT	Telegraphic Transfer

VAR	Value at Risk
VAT	Value Added Tax

WHT	Withholding Tax

YoY	Year on Year

Supplementary Information