NDB in vigorous expansion; opens 74th branch in Nikaweratiya

Thursday, 12 September 2013 00:00 -     - {{hitsCtrl.values.hits}}

NDB opened its latest branch in Nikaweratiya in a bid to support the economic and livelihood development in the area. With this opening, NDB branch network has now expanded to 74, signalling a steady continuation of the bank’s aggressive expansion strategy. Nikaweratiya is nourished by a rich agrarian economy thriving on an opulent produce of rice. While farming remains the key livelihood of its people; the growing industrial and commercial activity in the area indicates potential for increased entrepreneurial ventures and rapid economic growth. With the opening of its latest branch, NDB opened its doors to the aspiring entrepreneurs and businessmen in Nikaweratiya to benefit from the many customised SME financing facilities and advisory services. With its expertise and knowledge in SME financing, the bank offers a range of SME banking solutions; including short term working capital loans, supplier and distributor finance and long term funding which will be beneficial to the farmers, small and medium cultivators as well as traders, distributors and other proprietors in the area. With its new branch in Nikaweratiya, NDB will also focus on developing the micro entrepreneurs and cottage industrialists in the region 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 in the region with the distribution of Divi Aruna Micro Finance Loan Schemes to 11 deserving dairy farmers at a special ceremony held subsequent to the unveiling of the new branch. NDB Nikaweratiya branch offers 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 Nikaweratiya would have access to a wide array of modern banking solutions to help them meet their individual financial needs. The branch located at No. 65, Puttalam Road, Nikaweratiya will be open on weekdays from 9 a.m. to 6 p.m. and will be the only private commercial bank in the area to be offering extended banking hours for the convenience of businessmen and residents alike.  The branch will also be open on Saturdays from 9 a.m. to 1 p.m., thereby providing easy access especially to the traders and businessmen. NDB is one of the fastest growing banks in the country with NDB Group having regional operations in Maldives and Bangladesh. The bank offers a wide range of commercial banking services through its growing island-wide branch network, catering to an increasing customer base from all walks of life. Through the combined synergies of the diverse constituents of the NDB Group, its customers have access to a full range of banking and financial services; including project finance, corporate banking, SME lending, retail banking, investment banking, stock brokering and  wealth management solutions making NDB a truly Universal Bank.