NDB Project Finance wins Gold Award for “DEAL OF THE YEAR” from SLIBFI

National Development

Bank PLC was recently awarded the Gold Award for Deal of the Year from Sri Lanka Islamic Banking & Finance Industry Awards (SLIBFI) for the Bank’s participation in financing a hydro power project in Uganda where

NDB also acted as the lead arranger in the syndication with another local Bank.

NDB as an organisation with its roots in development banking, together with its deep industry insights, expertise and long- standing customer relationships has been able to build a strong reputation and excellence in project and infrastructure financing. The understanding of the workings of different industries and overseas markets as well as a holistic value proposition, which includes the provision of advisory services, has made NDB’s Project Finance (PF) Unit, a preferred financial partner for companies seeking long-term financing both locally and overseas.

The PF Unit of NDB 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 four 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 winwin solution for both parties.