Sunday Times (Sri Lanka)

NDB opens its newest branch in Akuressa

- The photograph­s shows, the new branch being declared open by Mr, Raj Aboobucker- Vice President and Head of SME/ Retail Banking of NDB. Also shown in the photograph are (from L-R) : Mr. Ruminda Somanathar­achchi - Manager, Akuressa Branch, Mr. Indika Ranaw

NDB extended its reach within the southern province with the opening of its 70th branch in Akuressa recently; offering a wide range of financial services to residents ofan area thriving in agrarian industry.

Nourished by the Nilwala River flowing through the area, the opulent soil ofAkuressa­produces bountiful crops of tea, rubber, paddy and vegetable. Diverse agrarian produce of Akuressa strengthen the Sri Lankan economy by increasing national production and contributi­ng to the export income.The town is also home to many small and medium industrial­ists and traders who with their contributi­on towards the harvests and trade play a significan­t role in the economic developmen­t of the country. NDBstepped into Akuressawi­th the aim to support the efforts of its people and propel the economic developmen­t of the town with a diverse range of banking products and financial expertise.

To the small and medium entreprene­urs in Akuressa, NDB’s new branch will offer a range of SMEfinanci­ng facilities including industry specific credit facilities, short term working capital loans, supplier and distributo­r financing and long term fundingcou­pled with advisory services in the areas of banking, industry knowledge, wealth creation as well as capital management.

In addition,NDB will offer its customers a range of retail banking services such as Current Accounts, Savings Accounts with high rewards, Children’s Savings Accounts with an exciting gift scheme, NRFC/RFC Accounts, Fixed Deposits, Housing Loans, Education Loans, Personal Loans, Leasing facilities, Credit and Debit Cards, Pawning services , Western Union Money transfer services as well asBancassu­rrance.

NDB’s newest Branch is located at No 21, Main Street, Akuressa and will be open from 9.00am to 6.00pm on weekdays.

NDBis one of the fastest growing banks in the country with NDB Group having regional operations in Maldives and Bangladesh. The Bank offers a wide range of commercial banking services through its growing island-wide branch network, catering to an increasing customer base from all walks of life. Through the combined synergies of the diverse constituen­ts of the NDB Group, its customers have access to a full range of banking and financial services; including project finance, corporate banking, SME lending, retail banking, investment banking, stock brokering, wealth management and insurance solutions making NDB a truly Universal Bank.

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