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Sunday, 7 February 2016

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NDB opens branches in North

NDB extended its footprint in the Northern region with the opening of its 97th branch in Thirunelveli and 98th in Chavakachcheri recently.

The new branches reinstate the Bank's commitment towards the economic development taking place in the region.

The bank's expansion strategy focuses on promoting financial inclusion by offering relevant, responsible financial services to aspiring communities and promising economic regions. With the opening of the two branches, residents and businessmen are expected to benefit from a wide range of financial and advisory services.

Thirunelveli and Chavakachcheri are agrarian communities that contribute to the gross production of the country. The opulent soil in these areas are home to the farming and trading communities and are growing economic hubs with ample opportunities for farmers, traders and businessmen.

To the small and medium entrepreneurs in these regions, NDB's new branches will offer a range of SME financing facilities including; industry specific credit facilities, short term working capital loans, supplier and distributor financing and long-term funding coupled with advisory services in banking, industry knowledge, wealth creation and capital management.

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