NDB Bank recognised as Global Finance’s Best Bank in Sri Lanka for 2nd time

National Development Bank PLC (NDB) was awarded the coveted Bank of the Year Sri Lanka title as adjudged by Global Finance USA for the year 2022 in its 29th edition of awards for the world’s best banks. 

The Global Finance Awards are one of the major awards in the banking and financial services sector, across the globe. Accordingly, this is the second consecutive year the bank was named as the Best Bank in Sri Lanka, having won it in 2021 and the fourth year that NDB won this award, having won same in 2015 and 2018 previously.

NDB Bank has been charting a new course in the Sri Lankan banking landscape under the bank’s brand ethos ‘The Future is Banking on Us’. The bank has excelled in customer-centric solutions and deploying digitisation at an impressive pace over the past few years despite the many challenges and obstacles in their path. 

This win is a clear affirmation of NDB’s competence in consistently generating returns, gaining strategic initiatives and serving markets in line with Global Finance USA’s judging criteria. 
This achievement affirms the significant impact and contribution NDB is making to the Sri Lankan banking sector, as the fourth largest listed banking entity in the country, with agility and nimbleness to stay relevant in the rapidly evolving industry landscape. It solidifies the distinct performance of NDB amongst its peers and its ability to maintain consistency in performance amidst external challenges. NDB has always embraced digitisation for external and internal process automations, introduced cutting-edge customer solutions and has a strategic commitment towards empowering the women’s market segment through initiatives such as NDB Araliya and the Sri Lanka Vanithabhimana women’s empowerment initiative. 

Furthermore, the bank’s commitment to supporting the SME sector through NDB Jayagamu Sri Lanka, technological innovation and drive excellence in customer service that gives it a competitive edge. NDB wishes to thank its shareholders, customers, staff members and all other stakeholders for their unwavering support over the years.

With this win from Global Finance, NDB joins an elite group of best banks from their respective countries across the globe, such as The City Bank of Bangladesh, DBS Bank of Singapore, Commonwealth Bank of Australia and Bank of America of USA. 

The 29th Best Bank Awards ceremony will be held in Washington D.C. during the IMF World Bank Annual Meetings.