Industry Analysis

NDB Bank and AIA Win Bank Partner of the Year at 2024 Awards

NDB Bank, in collaboration with AIA Sri Lanka, has been honored with the prestigious title of Bank Partner of the Year at the Asia Trusted Life Agents and Advisors Awards 2024. This marks a significant milestone as it is the first time Sri Lanka has received this esteemed international recognition. The Asia Trusted Life Agents

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Finance

NDB to Raise Up to Rs 10 Billion Through Debenture Issue in Sri Lanka

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

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Finance

NDB Bank Partners with CRIB to Boost Financial Empowerment via NDB NEOS

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

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Finance

NDB Bank Empowers Tech Professionals with Financial Mastery Workshop

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

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Finance

NDB Bank Honors Winners of Remittance Avurudu Wasiya Campaign

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

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