NDB wins banking and finance awards

NDB was adjudged 'Domestic Retail Bank of the Year - Sri Lanka' and 'SME Bank of the Year - Sri Lanka' for the third consecutive year at the Asian Banking and Finance (ABF) Retail Banking Awards 2015, recently.

The Bank also won awards for 'Domestic Project Finance Bank of the Year - Sri Lanka' and the 'Domestic Cash Management Bank of the Year - Sri Lanka' at this year's Asian Banking and Finance (ABF) Wholesale Banking Awards ceremony in Singapore.

The panel of judges comprised representatives of PricewaterhouseCoopers, KPMG, Deloitte Consulting and Ernst and Young Advisory LLP.

Running in its tenth consecutive year, the ABF Awards have established integrity and recognition in the region over time. This year's awards recognised NDB along with numerous international banks for their performance, based on criteria such as innovation, effectiveness and dynamism.

Chief Executive Officer, NDB, Rajendra Theagarajah said, "It is a pleasure and an honour to accept awards from Asian Banking and Finance Magazine. The awards emphasise NDB's significant feats in the multiple banking services domains it caters to, including Retail and SME Banking and project financing and correspondent banking."

"Having successfully transformed from a development bank to a full-fledged commercial banking conglomerate, NDB is a financial powerhouse in the commercial banking sphere of Sri Lanka. Today, we present an array of customised commercial banking solutions to fulfill personal, business, project and infrastructure financial needs of a growing client base within the country and the region," he said.

"The extensive product range, coupled with an expert team to impart financial advice and the latest technology that enables efficient delivery, have given us a competitive edge in the market. I thank the NDB team for rallying around for successful execution of the Bank's aggressive strategy, while inviting our clients to reap the benefits from NDB's next phase of growth," Theagarajah said.