NDB in rapid expansion

Thursday, 12 February 2015 01:40 -     - {{hitsCtrl.values.hits}}

NDB recently opened three new branches in Kekirawa, Kahawatte and Hendala areas, growing its island wide presence to 86 branches. The bank’s expansion strategy focuses on promoting financial inclusion by offering relevant, responsible financial services to aspiring communities and promising economic regions. Therefore, with the opening of the three new branches, residents and businessmen in the areas are expected to benefit from a wide range of financial and advisory services. Kekirawa is a thriving agrarian community with a progressive economy that contributes to the gross production of the country. The opulent soil of Kekirawa is home to an ambitious farming and trading community. Kahawatte with its fame for gem and jewellery is a bustling economy and is home to many self –made businessmen and traders. Hendala, with its close proximity to the bustling tourist hub Negombo, is growing economic hub with ample opportunity for traders and manufacturers. To the small and medium entrepreneurs in these regions, NDB’s new branches will offer a range of SME financing facilities including; industry specific credit facilities, short term working capital loans, supplier and distributor financing and long term funding coupled with advisory services in the areas of banking, industry knowledge, wealth creation as well as capital management. With its new branches in Kekirawa, Kahawatte and Hendala, NDB will also focus on developing the micro entrepreneurs and cottage industrialists in the regions through its livelihood development scheme ‘Divi Aruna’; which promotes financial inclusion for the smaller enterprises in a bid to develop and upgrade them towards the SME sector. The bank laid an initial step towards this long term endeavour with the distribution of Divi Aruna Micro Finance Loan Schemes to deserving individuals subsequent to the unveiling of the new branches. NDB new branches will offer a host of retail banking services, such as current and savings accounts, children’s savings accounts, NRFC/RFC accounts, fixed deposits, housing loans, education loans, leasing facilities, credit and debit cards, pawning services as well as Western Union Money transfer services coupled with the convenience of internet banking and a call centre that operates 24 hours; so that customers in and around these regions would have access to a wide array of modern banking solutions to help them meet their individual financial needs. More details on NDB’s latest branches and any other information regarding products and services of NDB could be obtained via the bank’s 24-hour service hotline 011 244 8888 or by clicking www.ndbbank.com.