The National Development Bank PLC was presented with the “Best Bank in Sri Lanka” award by the prestigious Global Finance Magazine at the 25th Annual Best Bank Awards.
The award was accepted by the Bank’s Group CEO Dimantha Seneviratne at the award ceremony arranged by Global Finance held in parallel to the annual sessions by the International Monetary Fund and the World Bank in Bali, Indonesia.
Chief Executive Officer NDB, Dimantha Seneviratne said, “We are honoured to be selected as the ‘Best Bank in Sri Lanka’, given the prestige and worldwide acceptance commanded by Global Finance, USA. This is the second year that NDB won this title, having won it in 2015.
“Global Finance Magazine is one of the leading global publications in the banking and finance sector and many banks across the globe vie for its annual awards titles. Winning the ‘Best Bank in Sri Lanka’ title affirms that NDB is on an aggressive growth path and is now challenging the bigger players in the industry as a dominant financial powerhouse. It is also testimony for the dedication of the highly capable team at NDB.”
This is the twenty-fifth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Latin America, Central & Eastern Europe, Asia-Pacific, Middle East and Africa.
NDB’s ascendance to the ‘Best Bank in Sri Lanka’ comes in the backdrop of phenomenal growth in its balance sheet and profitability and its strategic focus in growing in the commercial banking space.
NDB Bank is an affiliate of the NDB Group. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst strengthening and empowering entrepreneurs, corporates and individuals.