NDB conducts Investor Earnings Call on first half results

Fully virtual Investor Earnings Call was hosted by NDB Director/Group Chief Executive Officer Dimantha Seneviratne with digital presence of senior management of bank

National Development Bank PLC (NDB) hosted the bank’s quarterly online Investor Earnings Call on August 10, 2021, to discuss the bank’s financial results, subsequent to the release of its financial results for the financial quarter ended on June 30, 2021.

The Investor Earnings Call was hosted by NDB Director/Group Chief Executive Officer Dimantha Seneviratne, with the digital presence of the senior management of the bank. The call, which was fully virtual, was conducted via the MS Team platform comprised a presentation by the GCEO on the performance, as well as an interactive questions and answers session for the benefit of the participants. 

The bank’s investor relations team facilitates this event and it is looked forward to by local and overseas investors, research analysts, stockbrokers, fund managers, etc. NDB as a responsible listed entity has continued undisrupted, the best practices of hosting the quarterly webinar post results release to the CSE and publishing  transcripts and playback videos on the bank’s website for later reference  - even amidst the challenges brought by the pandemic.

NDB achieved sustained results amidst the challenging conditions during the first half of 2021, with enhancement in profitability, balance sheet performance as well as other key performance indicators such as cost to income ratio.  

Seneviratne, in his presentation noted that the bank continues to be guided by its mid-term strategy Voyage 2025.
“Whilst ensuring sound financial performance and healthy returns to our investors, we are also focusing on a host of other initiatives such as digital drive in customer solutions and internal process automations, support to customers affected by the pandemic, empowering the women’s market segment in increasing their contribution to the economy, corporate sustainability initiatives, etc. Our performance across all aspects continue unabated by the pandemic,” he stated.