National Development Bank PLC (NDB)

About

The National Development Bank (NDB Bank) was established in 1979 as one of the premier Development Financing Institutions (DFI) in Sri Lanka. Proudly enjoying a history of over 40 years, NDB Bank has evolved and transformed itself to become the 4th largest private commercial bank keeping pace with the dynamic business landscape.

The Bank has made considerable strides in the Sri Lankan banking and finance sector, with operations in Retail, Business, Corporate Banking and Project Finance. The Bank continues empowering its customers through cutting edge solutions, gender empowerment projects(such as "Sri Lanka Vanithabhimana") ,driven through its banking on women proposition developed in partnership with IFC and "Jayagamu Sri Lanka" a platform to support and strengthen SMEs, exporters & entrepreneurs whilst working with USAID project ‘SL @ 100' along with other partner organisations.

NDB was awarded "Best Bank in Sri Lanka 2022" for the 2nd consecutive year by Global Finance Magazine USA and "Best Digital Bank 2021" at Asia money Best Bank Awards in addition to being named the "Most Awarded Corporate" in 2021 as per LMD ranking.

NDB has a network of 113 branches and is a pioneer in the digital banking services sphere with NDB NEOS. The Bank's customers also enjoy the synergies of being a part of the largest financial services group which includes NDB Capital Holdings, NDBIB, NDB Securities and NDB Wealth. With its all-encompassing suite of financial solutions, a strong governance and compliance framework, the NDB Group possesses a unique competitive advantage in the financial services and capital market sectors. The Bank's national long-term rating issued by Fitch Ratings Lanka Limited was affirmed at A-(lka).

Keywords

retail banking, treasury, cash management services, trade finance ops, advisory, funding for structured, corporate finance deals, sme financing, project financing, branch network of 68 branches, expanding, correspondent banking, remittance, pawning services

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