24 July 2017 10:56 am
NDB was adjudged Domestic Retail Bank of the Year - Sri Lanka and SME Bank of the Year - Sri Lanka for the fifth consecutive year at the recently concluded Asian Banking and Finance (ABF) Retail Banking Awards 2017.
NDB also collected a third award for Mobile Banking Initiative of the Year - Sri Lanka. In addition, the bank won two awards at Asian Banking & Finance Wholesale Banking Awards 2017 for Cash Management Bank of the Year for the second consecutive year and Sri Lanka Domestic Project Finance Bank of the Year for the third consecutive year.
This year’s awards recognized NDB along with numerous international banks for their performance, based on criteria such as innovation, effectiveness and dynamism.
Commenting on the receipt of the awards, NDB Director and Chief Executive Officer Dimantha Seneviratne said, “We take great pleasure and it is an honour to be bestowed with such international recognition from the Asian Banking and Finance Magazine. These awards signify the bank’s feats in the retail and SME banking domains.
This year’s nominations were judged by the representatives from the Big Four accounting firms: Deloitte Regional Head Financial Services, Strategy and Operation Mohit Mehrotra, Ernst and Young ASEAN Managing Partner Liew Nam Soon, KPMG ASPAC Head of Banking and Capital Markets Egidio Zarrella and PwC Southeast Asia Consulting Partner and Financial Services Leader Andrew Taggart.
Running in its 12th consecutive year, the ABF Awards have established integrity and recognition in the region over time. Almost 100 outstanding banks and insurance companies from 30 countries were recognized at the 2017 Retail Banking Awards, Wholesale Banking Awards and Insurance Asia Awards held at Shangri-La Singapore recently. The event drew over 260 banking and insurance executives, beating last year’s record.