Nations Trust Bank won an award at the Global SME Finance Awards in Madrid, Spain recently.
The Bank was ranked among the top five banks for SME Bank of The Year – Asia Category out of over 100 entries from banks and fintech’s around the world.
The Global SME Finance Awards is conducted by the IFC or International Finance Corporation, which is a member of the World Bank Group and is the largest global development institution focused on the private sector in emerging markets.
Nations Trust Bank was represented at the awards ceremony in Madrid by Senior Executive Vice President for SME Banking at Nations Trust, Bandara Jayathilake.
The Global SME Finance Forum and Awards was attended by a 675 people from more than 275 institutions in 80 countries and covered the digitalisation of SMEs and explored how innovations in technology, regulation and partnerships can help SMEs transition from the informal sector to the formal economy.
The panel of judges for the awards consisted of leading personalities from all over the world, representing global financial institutions, investors, fintech companies and development banks.
Jayathilake said, “The Global SME Finance awards celebrate the best-in-class financial institutions and fintechs that have achieved remarkable results in their SME product or service offerings through innovation.
Thus, we are honoured and grateful to have had our work recognized at such a high level on a global platform.”
“We have achieved this by being innovative; seeking to not just be a financial services provider but an involved, responsible banking partner to our clients. We share insights and data with our clients that help them maneuver their businesses to achieve sustainable growth and profitability,” he said.