NDB group serves customers as a leading financial services conglomerate
The NDB Private Wealth Centre on Baudhaloka Mawatha completed its first year of operations earlier this year marking a successful move at making this a one-stop financial services centre for its customers.
NDB Director/group CEO Dimantha Seneviratne said, “We are pleased with the performance of this new concept that has shown great results providing one-stop solutions to our clients during its first year of operation. The exemplary competence and the diverse experience portrayed by the teams of the NDB group acting together to help secure transactions and successfully execute the same within the stipulated timelines.”
“Since each of our subsidiaries offers synergized services with a high level of expertise to deliver nothing but the best, the NDB group is able to offer its clients comprehensive financial solutions from the largest financial services conglomerate in Sri Lanka.”
The NDB group – under the leadership of Seneviratne, NDB Capital Holdings Limited CEO Vajira Kulatileke, NDB Wealth CEO Prabodha Samarasekera, NDB Investment Bank Limited CEO Darshan Perera and NDB Securities CEO Prasansani Mendis – is one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the dominant leader in the financial services and banking sector providing a unique competitive advantage in the financial industry.
The group has benefited highnet-worth clients by providing them with an unprecedented level of convenience and speed in accessing a full range of financial services, from banking and stock broking, to wealth and portfolio management and financial advisory.
NDB Investment Banking Cluster CEO Vajira Kulathilaka conveyed one such instance where a customer of NDB Corporate Banking was looking at selling out a manufacturing arm while a NDB Business Banking client was looking to buy in.
“When these two companies were introduced to each other as they were able to suit the others’ needs, the equity funding was done by NDB Zephyr. Not only does this particular incident make a good case study where the NDB group works as one well-oiled machine but it can also show the possibility of a future IPO that could take place, in which case, NDBIB will get involved as well.”
The NDB group today is highly capitalized and enjoys strong and sustained revenue growth with the lowest level of nonperforming loans in the industry. This exceptional transformation within a relatively short period has been made possible with the help of a management team and rapidly growing work force, which is of the highest quality and which shares common values and aspirations.
Furthermore, NDB Zephyr Partners, a New York-based global emerging markets investment firm – jointly owned by NDB Capital Holdings PLC – is a part of the NDB group and is one of the leading investment banking service providers in Sri Lanka. The cross selling opportunities and the synergies of group integration presents a vast scope for improving the NDB group’s performance, while realizing its fullest potential by adding value to its customers. The unleashing of the group synergies will add tremendous value to the group’s stakeholders, enabling them to prosper and achieve a mutually rewarding relationship.