World Finance awards NDB "Best Commercial Bank in Sri Lanka"

The UK based World Finance magazine rated NDB as the 'Best Commercial Bank' in Sri Lanka. World Finance is a highly acclaimed international business journal that is renowned globally for its accuracy, credibility and wide readership.

The prestigious accolade was awarded in recognition of the Bank's commitment to continued excellence and superior service to its customers. The award appraises excellence achieved by banks against several criteria, which include; overall performance, financial ratios, variety and clarity of products and services, corporate governance, alternative financial products offering, parallel market interaction and competitive strategy.NDB was the first commercial bank to introduce Leasing and Hire Purchase facilities with no restrictions and barriers. Also, NDB's unique savings concept themed "Ithuru Karana Maga" took the banking industry by storm with its nationwide education campaign. NDB Raththaran Savings was another first in the industry which gave the customers an advantage of reserving Gold for the future.

Chief Executive Officer of NDB Group, Russell De Mel said "We operate in a highly competitive market, which is a reflection of the sophistication of our customers today. With many Banks competing in the market, present day customers are demanding for innovative, customized solutions that cater to a diverse range of individual needs.

This award demonstrates that we have the right strategy; supported by a performance driven culture, an innovative range of products as well as people with the right attitude to deliver consistent and sustainable value to our customers and other stakeholders."