NDB to propel development in Monaragala

Friday, 20 September 2013 00:41 - - {{hitsCtrl.values.hits}}

NDB recently opened its latest branch in Monaragala in a bid to support the economic and livelihood development in the area. With this opening, NDB branch network has now grown to 75, signalling a steady continuation of the bank’s aggressive expansion strategy. The fertile soil of Monaragala gives life to bountiful harvests that nourish the nation. The town’s economy is growing rapidly, fuelled by a thriving farming community and emergent trading activity. Diversity of their livelihood and lifestyles demands wide-ranging financial solutions. Therefore, NDB stepped into Monaragala with a range of thoughtfully designed financial solutions; in a bid to empower the budding entrepreneurs and the aspiring individuals of the region.

With its expertise and knowledge in SME financing the bank will offer many solutions; including short term working capital loans, supplier and distributor finance and long term funding which will be beneficial to the farmers, vegetable growers, traders, distributors and other proprietors in the area. NDB Monaragala Branch will also offer a host of retail banking services, such as current and savings accounts, children’s savings accounts, foreign currency accounts, fixed deposits, housing loans, education loans, leasing facilities, credit and debit cards and 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 Monaragala would have access to a wide array of modern banking solutions to help them meet their unique financial needs. The branch, located at No. 29, Pottuvil Road, Monaragala, 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 the full range of banking services until late evening for the added 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.