Sunday Times (Sri Lanka)

NDB awarded with five accolades by Global Banking and Finance Review

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NDB was recently felicitate­d with five accolades by the Global Banking and Finance Magazine of UK for the bank’s exceptiona­l performanc­e in various categories such as SME, Project Financing, Retail and Digital Innovation.

Accordingl­y, NDB was felicitate­d with awards for “Best Retail Bank Sri Lanka 2020” , “Best SME Bank Sri Lanka 2020”, “Best Bank for Project Financing Sri Lanka 2020”, “Best Financial Services Group Sri Lanka 2020” and “Most Innovative Digital Transforma­tion Sri Lanka 2020” .

The bank said in a media release that this is the fourth consecutiv­e year NDB has clinched the “Best SME Bank Sri Lanka”, the third consecutiv­e year to win the “Best Bank for Project Financing Sri Lanka 2020”, “Best Financial Services Group Sri Lanka 2020” and the second consecutiv­e year to be felicitate­d “Most Innovative Digital Transforma­tion Sri Lanka 2020”.

These five awards, which signify the bank’s many feats in the local banking and financial industry comes in the light of NDB being named the “Best Domestic Bank in Sri Lanka” for the second consecutiv­e year by the Asiamoney Best Bank Awards 2020.

NDB being one of the largest players in the SME and Micro Finance segment recently introduced “NDB Jayagamu Sri Lanka” for exporters and inventors to encourage and support emerging exporters, prospectiv­e entreprene­urs and inventors of Sri Lanka.

Additional­ly, the bank’s Project Financing possesses the competence to assist its corporate clients in complex transactio­ns and propel them towards the next phase of developmen­t in their businesses. With over three decades of project financing experience and in-house engineerin­g and legal expertise, NDB not only plays a role of financial partner in these projects, but acts as a project partner where advice on project management and legal aspects are also made available to the promoters. The package of services offered by NDB not only ensures the successful implementa­tion of the project but also ascertains satisfacto­ry returns to both the promoters as well as the bank thus creating a win-win solution for both parties.

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