NDB in rapid expansion with 77th branch opened in Nuwara Eliya

Friday, 1 November 2013 03:15 - - {{hitsCtrl.values.hits}}

NDB opened its latest branch amidst the peaks of Nuwara Eliya, offering a wide array of financial services to the people of the area. With the

opening of this branch, NDB’s network now extends to 77 branches across the island. The picturesque city of Nuwara Eliya lies atop the central hills bustling with energy and exuberance. Today, Nuwara Eliya has made its mark the world over as a producer of world renowned Ceylon Tea and rare spices. Nuwara Eliya’s charm as a tourist attraction and its unique climate for the cultivation of fresh fruit and vegetables is a trademark of its own. The bustling economy of the town is nourished by the farming community together with the industrialists and investors of the area. SME focus NDB opened its doors in the city, bringing a wealth of financial experience, innovative banking products and commercial business acumen to help develop and meet the diverse financial needs of the people of Nuwara Eliya. Through NDB’s newest branch, the aspiring small and medium scale entrepreneurs in Nuwara Eliya will have access to customised SME banking solutions coupled with effective entrepreneurial education and advisory services. Some of the SME banking services that will be offered include; long -term loans on concessionary interest rates, short-term working capital loans, supplier finance facilities, importer/exporter funding facilities as well as distributor finance facilities. 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 grass-root level enterprises in a bid to develop and upgrade them towards the SME sector. Micro finance The bank took an initial step towards this long term endeavour in the region with the distribution of Divi Aruna Micro Finance Loan Schemes to several deserving families at a special ceremony held subsequent to the unveiling of the new branch. Further, NDB will offer a gamut of retail banking facilities including current and savings accounts, fixed deposits, pawning services, vehicle leasing as well as bancassurance to the residents of Nuwara Eliya; to help them grow and secure their wealth while enjoying easy access and convenience of banking with automated facilities such as Visa Debit Cards, Internet banking and Western Union money transfer services. The branch is located at No. 50/2, Siva Complex, Lawson Street, Nuwara Eliya and will be open from Monday to Friday from 9 a.m. to 6 p.m. offering the full range of services until late evening. The branch will also be open from 9 a.m. to 1 p.m. on Saturdays for added convenience.