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NDB Housing Bank Ltd., (NHBL), in keeping with its promise of easing the burden on the house builder, has finalised agreements with reputed suppliers to provide products and services ranging from key building materials to turnkey building solutions and insurance services.

Among the organisations that have formed alliances with the Bank are: Eagle Insurance Co. Ltd., Holcim (Lanka) Ltd., (formerly Puttalam Cement), Asian Paints (Lanka) Pvt. Ltd., Rhino Roofing Products Ltd., Royal Ceramic Lanka Ltd., Ind. Sri Steel Corporation, St. Anthony's Industries Group, Mascons Mesh Industries (Pvt.) Ltd., Tudawe Brothers and Samuel Sons and Co. Ltd.

Some of the key benefits the house builder would enjoy as a result of this arrangement are special price discounts on building materials, free inspection and installation, colour matching on paints, access to ISO and SLS quality approved products, in-house insurance services and turnkey building construction.

Since its launch in May 2001 as the first specialised housing bank to be set up in the private sector, NDB Housing Bank has been playing an active role in developing the housing finance market and contributing to the growth of housing stock in the country.

A joint venture partnership between the National International Development Bank, Finance Corporation, Development Bank, HDFC (an Indian retail housing finance company) and (a member of the World Bank Group), the housing bank has drawn heavily on the experiences of its international partners and offers a range of tailor-made housing finance products, to both the retail and corporate sectors.

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