Sri Lanka’s National Development Bank Plc (NDB) has announced plans to raise up to 10 billion rupees through a debenture issue. The bank will offer Basel III-compliant, Tier 2 listed, rated, unsecured, subordinated, redeemable debentures with a non-viability conversion at 100 rupees each. Initially, 50 million of these 5-year debentures will be issued, with the
NDB Bank is advancing financial education and empowerment by integrating Credit Information Bureau of Sri Lanka (CRIB) reports into its NDB NEOS mobile banking app. This partnership allows users to access their credit reports and scores (iReport and CRIB Score) directly through the app, providing valuable insights into their credit status and facilitating proactive financial
NDB Bank recently hosted a transformative financial mastery workshop aimed at empowering tech professionals with crucial financial skills. Held on July 12th at the eMarketingEye (Pvt) Limited premises, the event was initiated by NDB Bank’s Nugegoda branch to provide IT and digital marketing professionals with the tools needed for informed financial decision-making and enhanced financial
NDB Bank is excited to announce the winners of its successful campaign, “Salli Ratin, Thagi Apen, remittance Avurudu Wasiya,” which aimed to encourage the use of Western Union for foreign remittances. The campaign ran from 5 March to 10 April and concluded with the selection of lucky winners through a lottery draw. The first-place winner