NDB partners CBSL’s nationwide rollout of LANKAQR in Negombo

NDB being at the forefront of the digital banking landscape has come forward to support the LANKAQR nationwide rollout campaign launched by the Central Bank of Sri Lanka in the city of Negombo. Accordingly, NDB was privileged to partner the nationwide rollout of LANKAQR, a key initiative to create awareness and encourage use of digital payments as opposed to using cash.

The event will take place at the Kadol Kale Grounds, Negombo with the participation of Chief Guest, CBSL Governor Ajith Nirvard Cabraal, Director Payments and Settlements Mr. Dharmasri Kumaratunga, NDB Bank Director/Group Chief Executive Officer Dimantha Seneviratne, Mr. Sujeewa Mudalige - Chairman Expert Commitee for Digital Banking Blockchain and Crypto Currency & Director NDB and other dignitaries.

As part of the initiative all Sri Lankans will be encouraged to move towards cash-less and a digitally empowered society using QR based transactions and will also increase financial inclusion in Sri Lanka. Developed by the Central Bank of Sri Lanka, LankaQR is an integrated payment system that was launched at a kickoff event in Matale in 2020, beginning the endeavor to take this to every town in Sri Lanka. The Bank has always been instrumental in promoting the CBSL LankaQR payment method via the Bank’s own QR payment method, NEOS Pay. Customers can make payments to merchants, pay bills and perform a host of other transactions via the NEOS platform.

NDB will continue the Bank's endeavours to further digital banking even amidst competition, constantly introducing novel methods to the Bank’s clients as well as all Sri Lankans. Accordingly, the Bank was awarded the “Best Digital Bank 2021” at the Asiamoney Best Bank Awards for Sri Lanka in addition to being crowned "Sri Lanka’s Best Bank 2021" by the prestigious Global Finance Magazine of USA, and "The Bank of the Year Sri Lanka", by The Banker Magazine UK. NDB is the 4th largest listed bank in Sri Lanka and the parent company of the NDB Group. The only financial services conglomerate in Sri Lanka, NDB Group is uniquely positioned towards assisting the growth and development of the Sri Lankan financial market to provide its customers seamless access to the product and service offerings of all its group companies.