NDB awarded ‘Best Bank in Sri Lanka 2018’ by Global Finance at IMF/WB Summit in Bali

NDB Group CEO Dimantha Seneviratne accepts the award for Best Bank in Sri Lanka 2018

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 session by the International Monetary Fund and the World Bank in Bali, Indonesia.

Commenting on the award, 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, one of the most prestigious banking and finance publications in the world. This is the second year that NDB won this title, having won it in 2015. We are proud to have won this again in 2018.”  

“I dedicate this award to our valued customers, shareholders, all stakeholders who have trusted in us and the One NDB Team who have made their respective contributions for the success of the bank!” the NDB CEO added.

Global Finance Magazine is one of the leading global publications in the banking and finance sector and many banks across the globe vie for their annual best bank 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 25th year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Latin America, Central and 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, one of the fastest-growing financial services conglomerates in Sri Lanka. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy, where customers across all group companies have benefited from the product and service offerings of the NDB group.