Having begun its operations in 1979, the National Development Bank PLC (NDB) is one of the largest private sector commercial banks in the country, with a strong capital base and profitability. The AA-(Lka) rating of NDB Bank by Fitch Ratings Lanka Ltd, further affirms its strong financial profile, sound asset quality and strong capital position.
NDB has the strength and the diversity of resources to offer its customers a very wide-ranging portfolio of financial solutions. Among them are retail banking, treasury, cash management services, trade finance operations and advisory, funding for structured and corporate finance deals, correspondent banking together with SME financing and project financing.
These financial solutions are accessible to customers via its network of 82 islandwide branches.
As part of the NDB Group, customers also have access to a full range of banking and financial services that extend beyond retail banking, SME lending, corporate banking and project finance. Today, customers of NDB can access investment banking, stock brokering, wealth management and insurance solutions under one roof, making NDB a truly universal bank.
Its’ subsidiaries are –