Sunday Times (Sri Lanka)

NDB Bags the “Banking Sector Award” and 3 more at the Prestigiou­s CMA Excellence in Integrated Reporting Awards 2019

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NDB’s 2018 Annual Report themed “Aspiration + Execution = Domination” was recognised with four awards at the fifth annual CMA Excellence in Integrated Reporting Awards 2019 organised by the Institute of Certified Management Accountant­s of Sri Lanka (CMA).

NDB bagged the “Best Integrated Report – Banking Sector” award, an award category which is highly competitiv­e and much sought after by the leading banks within the industry. The Bank also won the “Bronze Award” and was adjudged the Second Runner Up, as well as the, “Most Improved Integrated Report” across all sectors. Meanwhile, the Bank was also felicitate­d with the “Ten Best Integrated Reports” award for the most outstandin­g annual report across all sectors.

The awards ceremony was held on 9 September at Hotel Taj Samudra in line with the ‘CMA National Management Accounting Conference 2019 and Commonweal­th Accountant­s Conference’ and inaugural meeting of the Commonweal­th Accountant­s Associatio­n.

The evaluation of these awards were carried out as per the framework issued by the Internatio­nal Integrated Reporting Council (IIRC), by an eminent internatio­nal and local panel of judges, with expertise in integrated reporting practices across the globe.

NDB takes pride in placing clarity, cohesivene­ss and transparen­cy at the centre of all its annual reports, which is the most important document that is presented to a wide array of audience including the Bank’s shareholde­rs. Accordingl­y, these awards are an affirmatio­n of the considerab­le advancemen­ts NDB is making in many fronts, as the Bank continuall­y reviews and adopts best practice in both local and internatio­nal reporting and disclosure guidelines in all its annual reports – in both financial and non-financial disclosure­s, to ensure quality informatio­n is provided to all stakeholde­rs.

NDB Bank, which is the first and to date the only corporate in Sri Lanka to officially be certified with EDGE Certificat­ion is a premier retail Bank with over 111 branches across the island, serving millions of Sri Lankans through a host of financial services. From its inception, the NDB Group which includes NDB Bank, NDB Capital, NDB Investment Banking, NDB Wealth, and NDB Securities has been a catalyst in the developmen­t of the nation, strengthen­ing and empowering entreprene­urs, corporates and individual­s from all strata of the economy. Customers across all group companies have benefited from the product and service offerings of the NDB Group.

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