Re­la­tion­ship bank­ing from NDB with ‘Busi­ness Class’

Daily Mirror (Sri Lanka) - - FINANCE -

NDB in­tro­duced ‘Busi­ness Class’, a so­lu­tion for busi­nesses where ac­cess to an ex­clu­sive range of fi­nan­cial so­lu­tions is sim­ply given by hav­ing a cur­rent ac­count fa­cil­ity.

A range of ben­e­fits in­clud­ing spe­cial tar­iffs, ex­tended bank­ing hours through se­lected branches and con­sol­i­dated e-state­ments are to name a few. Busi­nesses are con­stantly abounded by dif­fer­ent chal­lenges re­gard­less of its scale or na­ture. Grow­ing rev­enue is the most com­mon chal­lenge across the board and whilst earn­ing more rev­enue the busi­ness needs cer­tain cap­i­tal re­quire­ments for fur­ther ex­pan­sion and devel­op­ment. Most busi­nesses to­day stag­nate at a cer­tain level purely due to the lack of fi­nan­cial su­per­vi­sion and poor fund man­age­ment. What is vi­tal for any busi­ness to sus­tain is its strong re­la­tion­ship with a fi­nan­cial in­sti­tu­tion who would add in that re­quired ex­per­tise.

Speak­ing on the ser­vice, NDB Per­sonal Bank­ing and Branch Net­work Man­age­ment Vice Pres­i­dent San­jaya Per­era said: “NDB has for decades been in the fore­front of lever­ag­ing large scale devel­op­ment projects across the na­tion and with roots deeply em­bed­ded in this forte, still to date gives en­cour­age­ment to forge busi­nesses ahead. We have de­rived this ser­vice as an ideal so­lu­tion for sole pro­pri­etor­ships, part­ner­ships, pri­vate lim­ited com­pa­nies and ex­ist­ing NDB Cur­rent Ac­count hold­ers. The cus­tomer can avail this ser­vice with an ini­tial de­posit of Rs.500,000 or by main­tain­ing a monthly av­er­age balance of Rs.500,000 for the past three months. We en­cour­age Sri Lankan’s to widen their hori­zons by mak­ing use of mar­ket op­por­tu­ni­ties to ex­pand, strengthen or even be­gin their own busi­nesses. As a bank, NDB is ready to lend you a hand and hope to see cus­tomers mak­ing the most of this ex­clu­sive ser­vice.”

With NDB Busi­ness Class, cus­tomers will be able to also en­joy ben­e­fits of Im­port LC with preap­proved lim­its, bank guar­an­tee with pre-ap­proved lim­its, per­son­al­ized ser­vice by a ded­i­cated of­fi­cer from NDB Trade Fi­nance and con­ces­sion­ary tar­iffs. The propo­si­tion also fa­cil­i­tates dis­counts upto 25 per­cent on pay or­ders, draft is­suance and man­ual salary trans­fers, ex­ter­nal stand­ing or­der fees waived off and much more.

NDB Per­sonal Bank­ing and Branch Net­work Man­age­ment Vice Pres­i­dent San­jaya Per­era

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