NDB wins big at Asian Banking & Finance Awards 2019
View(s):The National Development Bank PLC and its subsidiary company NDB Investment Bank Ltd together clinched a record number of nine awards at the recently concluded Asian Banking and Finance Awards 2019, organised by the Asian Banking & Finance Magazine of Singapore.
From left: Tim Charlton - Publisher and Editor-in-Chief - Asian Banking & Finance Magazine; Ishani Palliyaguru, Vice President, Project Finance and Corporate Credit Control and K.V. Vinoj, VP Branch Network Management & Correspondent Banking
The Singapore-based awards programme was held under three categories, namely Retail Banking Awards (for the fourteenth year), Wholesale Banking Awards (for the eighth year) and Corporate and Investment Banking Awards (for the second year).
In a media release, NDB Bank said it won four awards under the Retail Banking category, two of which are the pinnacle awards under this category, ‘Best Domestic Retail Bank of the Year’ and the ‘Best SME Bank of the Year’, for an impressive seventh consecutive year. Throughout the years NDB has furthered its support to SMEs, and strengthened its strategic blueprint for SMEs, to ensure focused and fruitful offerings to uplift the economy’s backbone to greater heights.
The bank also secured the titles ‘Best Consumer Finance Product of the Year’ for its industry best personal loan product “NDB Dream Maker Loans” and the Best Digital Banking Initiative of the Year for its dynamic branchless banking solution “Bank2U.” Together, these awards affirm the very dynamic and dominant retail banking institution that NDB has transformed in to, in its relatively short tenure of 15 years in commercial banking operations.
Affirming its excellence in project financing and cash management, the bank also won the ‘Best Domestic Project Finance Bank of the Year Sri Lanka’ for an impressive fifth consecutive year and the ‘Best Domestic Cash Management Bank of the Year Sri Lanka’ for the third year under the Wholesale Banking category.
Furthering its winning streak, under the Corporate and Investment Banking Awards, the bank bagged the twin titles for the ‘Best Corporate Client Initiative of the Year’ and ‘Best Syndicated Loan of the Year’ for the second consecutive year, in recognition of the excellence delivered by the bank’s Project Financing Unit.
“The awards, which span a wide range of performance aspects of a banking institution is clear affirmation of how NDB is an all-round excellent banking institution in the country, committed to delivering consistently superior value to customers from all segments, whilst embracing new age digital technology,” the release said.