NDB wins over 45 awards as Best Domestic Bank in Sri Lanka 2019

Year after year, NDB has been conferred with a momentous number of prestigious awards by local and international organisations, recognising the Bank as a leading body in the industry.

As the first half of 2019 comes to an end, NDB has been recognised by over 15 local and international independent bodies, winning over 45 awards of excellence.

Most recently, NDB emerged as the Winner – Banking Sector, at the Sustainability Reporting Awards of ACCA Sri Lanka for the reporting year 2017/2018. This awards program, an annual endeavour of ACCA Sri Lanka recognises those organisations which demonstrate excellence in reporting and disclosing the environmental, social and sustainability aspects and impacts of businesses. Sustainability disclosures of NDB’s 2017 Annual Report – Take a Closer Look was recognised at this year’s awards program as the best in sustainability reporting within the banking sector. 

The same Report also won the Bronze award – Banking Sector at the 54th Annual Report Awards 2018 of the Institute of Chartered Accountants of Sri Lanka held in December 2018 and the 2nd Runner Up – Private Sector Banks (including Co-operative Banks) and Merit award for Corporate Governance at the South Asian Federation of Accountants BPA Award & SAARC Anniversary Award 2017 for Best Presented Annual Reports held in Pune, India in January 2019. 

NDB was felicitated with three of the most coveted awards in the Sri Lankan Banking Industry by the Asiamoney Best Bank Awards: the ‘Best Domestic Bank in Sri Lanka 2019’ for the first time and the ‘Best Bank for Premium Banking Sri Lanka 2019’ along with the ‘Best Corporate and Investment Bank Sri Lanka 2019’ for the NDB Investment Bank of the NDB Group. 

Additionally, NDB was also felicitated with five awards by the Global Banking & Finance Review of UK. Accordingly, the awards for Best SME Bank Sri Lanka 2019 for the third consecutive year, Best Financial Services Group Sri Lanka 2019 for the second consecutive year, Best Bank for Project Financing Sri Lanka 2019 also for the second consecutive year, Most Innovative Digital Transformation Sri Lanka 2019 and Best Automobile Finance Bank Sri Lanka 2019 were won by NDB.

Meanwhile, NDB Bank’s payments and settlements process which is one of the best in the market has won the 2018 USD Operational Excellence Award from Deutsche Bank New York for ‘Straight through Processing’ for the third consecutive year, reflecting the high standard of accuracy maintained. This recognition is awarded based on strict selection criteria, evaluating many of their correspondent banks. The selection process includes the quality and the quantity of the payments effected by the winning Bank and the percentage of payments that qualify to be passed straight through the international payment system without manual intervention. 

NDB Bank which is the first and to date the only corporate in Sri Lanka to officially be certified with EDGE Certification, the leading and only global certification for gender equality at work place, is the parent company of the NDB Group, one of the fastest growing financial services conglomerates in Sri Lanka. The Bank was recently recognised by various awarding bodies for its remarkable achievements. Among the notable awards won were; ‘Best Domestic Bank in Sri Lanka for 2019’ by Asiamoney Magazine, ‘Bank of the Year in Sri Lanka 2018’ presented by The Banker UK, and Winner – Banking Category at the National Business Excellence Awards of the National Chamber of commerce Sri Lanka.  From its inception, the NDB Group which includes NDB Bank, NDB Capital, NDB Investment Banking, NDB Wealth, and NDB Securities has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. Customers across all group companies have benefited from the product and service offerings of the NDB Group.