NDB opens branch in Manipay
NDB extended its footprint in the North with the opening of its 96th
branch in Manipay recently. The new branch opening reinstates the Bank's
continued commitment towards the rapid post-conflict economic
development in the region.
CEO Rajendra Theagarajah with a customer. Bank officials
Member of Parliament E. Saravanabavan, Regional Manager, North East
Region, Thissaveerasingam Jeyarajasingam, CEO Rajendra Theagarajah, Vice
President Finance and Planning, Dhanan Senathirajah, Group CFO, Faizan
Ozman, Vice President, Administration and Services, Mancius Paiva,
Branch Manager S. Sarweswaran and Assistant Manager S. Senthooran were
Located in the Jaffna Peninsula, Manipay's precious commodity is its
rich, fertile soil which produces abundant harvests of paddy, vegetables
chillies, onions and grapes amongst a variety of other crops. The town's
economy is kept alive by a thriving farming community which in turn
makes a substantial contribution towards the economy.
The branch will support this blossoming agricultural community which
spells out many entrepreneurial opportunities.
Through its newest branch, NDB aims to provide customised SME banking
solutions coupled with effective entrepreneurial education and advisory
services to the aspiring SME owners in the Manipay region.
Some of the SME banking services that will be offered include;
long-term loans on concessionary interest rates, short-term working
capital loans, supplier finance facilities, importer and exporter
funding facilities and distributor finance facilities.
NDB will also offer a gamut of retail banking products including
current and savings accounts, fixed deposits, housing loans, pawning
services, vehicle Leasing and insurance services to the residents of
Manipay to help them grow and secure their wealth while enjoying easy
access and convenience of banking with automated facilities such as Visa
debit cards, internet banking and Western Union money transfer services.