National Development Bank PLC National Development Bank PLC is proud to announce its achievement of winning Gold at the SLIM DIGIS 2.5 Awards, Sri Lanka’s premier recognition for excellence in digital marketing. The accolade was awarded for the Bank’s NDB Avurudu Dupatha campaign, a bold and innovative initiative that blended gaming, storytelling, and digital banking […]

National Development Bank PLC Strengthening its commitment to sustainability and economic progress, NDB Bank, in collaboration with the Ministry of Industries, has introduced a special facility under the E-Friends II” Refinance Loan Scheme dedicated to promoting solar adoption among Sri Lankan entrepreneurs. This initiative is designed to make renewable energy more accessible and affordable, enabling […]

National Development Bank PLC NDB Bank ceremoniously opened its relocated Akkaraipattu branch on 10th September 2025 at its new premises, No. 71, Ampara Road, Akkaraipattu, marking a significant milestone in its continued journey of serving the community. Originally established in 2015, the Akkaraipattu branch has proudly served its customers for over nine years, supporting families, […]

National Development Bank PLC NDB Bank recently concluded the much-anticipated 2025 edition of its signature quiz competition, Battle of the Brains”, an exciting initiative designed to foster camaraderie, collaboration, and continuous learning among its employees. This year’s competition saw an overwhelming response, with 69 teams registering from across the Bank. Of these, 66 teams competed […]

National Development Bank PLC NDB Bank’s SME Re-Energizer Loan is designed to fuel the growth ambitions of Sri Lanka’s Micro, Small and Medium Enterprises (MSMEs) and start-ups. Launched in collaboration with the Sri Lankan Government, this timely initiative underscores NDB’s role as a steadfast partner in enabling entrepreneurship and empowering businesses that form the backbone […]

National Development Bank PLC NDB Bank, in partnership with NewsFirst, proudly celebrated the Grand Finale of the Sri Lanka Vanithabhimana Awards on 20 August 2025, honouring extraordinary women across the island and marking a milestone season that advanced beyond recognition to long-term empowerment through the programme’s five-year sustainability model. This year built on the initiative’s […]

National Development Bank PLC Reinforcing its commitment to making overseas education a seamless journey for Sri Lankan students and their families, NDB has entered into a strategic partnership with ACCHE (Academy of Career Counselling Higher Education) through the signing of a Memorandum of Understanding (MOU) on 25th August 2025. The MOU was formally signed by […]

National Development Bank PLC NDB Bank is proud to announce its partnership with Waters Edge as the Principal Partner for the much-anticipated Oktoberfest at the Edge 2025, set to take place on the 24th, 25th, and 26th of October at Waters Edge, Colombo. Renowned as one of the most vibrant celebrations of Bavarian culture in […]

National Development Bank PLC National Development Bank PLC hosted its Analyst Earnings Call recently to discuss the Bank’s financial results for the six months ended 30 June 2025. This was subsequent to the release of the Bank’s financial results to the Colombo Stock Exchange on the 14th of August 2025, where the Bank recorded an […]

National Development Bank PLC NDB Bank proudly celebrated the 13th Executive Committee Installation Ceremony of the NDB Toastmasters Club on 6 August 2025 at the Hilton Colombo Residencies, an evening marked by leadership, fellowship, and inspiration, reflecting the Bank’s commitment to nurturing talent, empowering communication, and fostering personal and professional growth among its employees. The […]

Courtesy Lloydslist The Sri Lankan supreme court ordered the owners of X-Press Pearl to pay a fine of $1bn after the containership was lost in 2021 and polluted water off the island nation X-Press Feeders has accused the court of convicting the vessel’s master and its agents before their trials have concluded, while the London […]

Courtesy CNA COLOMBO: Owners of a Singapore-registered vessel urged Colombo on Friday (Aug 15) to consider more “rational” compensation after they were ordered to pay US$1 billion in damages for causing Sri Lanka’s worst case of environmental pollution. Sri Lanka’s Supreme Court ordered X-Press Feeders in July to pay the damages within a year for causing marine […]

National Development Bank PLC  Highlights FINANCIAL PERFORMANCE National Development Bank PLC, Sri Lanka’s Premier Financial Services Provider, announced the results for six-month period ended June 30, 2025 reporting a total operating income and pre-tax profit of LKR 22.3 billion and LKR 8.6 billion, respectively (H1-2024: LKR 22.9 billion and LKR 6.5 billion). Fund based income […]

National Development Bank PLC In its continued efforts to deliver excellence and sophistication in customer experience, NDB Bank recently hosted an exclusive engagement event for its Privilege clientele of Havelock Town Branch, coinciding with the opening of the newly refurbished NDB Privilege Centre at the Havelock Town Branch. The event marked yet another milestone in […]

National Development Bank PLC NDB Bank, in collaboration with News 1st, continues its proud tradition of honouring the achievements of Sri Lankan women through the Sri Lanka Vanithabhimana programme, a platform that recognises and celebrates outstanding contributions made by women to the nation’s society, economy, and culture. As Season 5 of this landmark initiative nears […]

National Development Bank PLC Reaffirming its commitment to empowering Sri Lankans on their academic journeys beyond borders, NDB Bank is pleased to announce its latest partnership with Student in Aus Education Consultants. The strategic collaboration, marked by the signing of a Memorandum of Understanding (MoU) on 25th July 2025, aims to further simplify access to […]

National Development Bank PLC NDB Bank is proud to announce its latest partnership with International Scholar, one of Sri Lanka’s most reputed education consultancy firms, with the aim of making overseas education more financially accessible and stress-free for Sri Lankan students and their families. The Memorandum of Understanding (MOU) was officially signed on July 20, […]

National Development Bank PLC In its continued efforts to empower Sri Lankan students with seamless access to international education opportunities, NDB Bank has entered into strategic partnership with Eduko Pathways. The official signing of the Memorandum of Understanding (MOU) took place on July 20, 2025, at NDB Bank Head Office, setting the stage for a […]

By Gambling Insider Melco and JKH launch South Asia’s first integrated resort, highlighting Sri Lanka’s regulatory reforms and regional potential. Key points: – $1.2bn investment by John Keells Holdings and Melco Resorts – Sri Lanka aims to become a regional gaming and tourism hub – New gaming legislation enabled formal licensing and international entry Sri […]

Courtesy Adaderana The Ceylon Chamber of Commerce (CCC) has commended the Government of Sri Lanka and the national negotiation team for securing a further reduction in the reciprocal tariff rate imposed by the United States on Sri Lankan exports—from 30% to 20%. In a statement issued by the Chamber, Chairperson Krishan Balendra described the development […]

National Development Bank PLC NDB Bank has strengthened its presence in Dubai with the appointment of Mr. Akila Bogahawatta as its dedicated remittance representative, underscoring the Bank’s commitment to Sri Lankan expatriates in the UAE. Mr. Bogahawatta will serve as a one‑stop liaison for all NDB remittance services, helping customers select the fastest and most […]

National Development Bank PLC National Development Bank PLC (NDB) was recently named Sri Lanka’s Best Digital Bank for SMEs at the Euromoney Awards for Excellence 2025, reaffirming its leadership in delivering progressive, technology-driven, and focused solutions that align with the nation’s strategic development priorities. This recognition reflects the bank’s strong commitment to empowering Sri Lanka’s […]

National Development Bank PLC NDB Bank recently continued its island-wide SME engagement efforts by hosting a focused digital transformation forum in Avissawella. Held with the participation of a diverse group of SME Business Banking clients from the region, the event served as a platform to highlight NDB’s continued commitment to strengthening and uplifting Sri Lanka’s […]

National Development Bank PLC NDB Bank, in collaboration with the National Credit Guarantee Institution Limited (NCGI) and Hatch Works, recently hosted a focused awareness session at Hatch Innovation Hub in Colombo to introduce Sri Lankan startups to the benefits of the NCGI-backed loan guarantee facility. This initiative marked a significant step in expanding access to […]

Courtesy The South China Morning Post After a five-year import ban, BYD shrewdly adapted its models to circumvent sky-high taxes, making electric vehicles affordable again Dimuthu Attanayake Published: 5:00pm, 26 Jul 2025 Updated: 5:00pm, 26 Jul 2025 A BYD Seal electric vehicle on display in a showroom in Pakistan. BYD accounted for roughly 90 per cent of […]

National Development Bank PLC NDB Bank proudly reaffirmed its leadership in Sri Lanka’s Islamic banking sector by securing eight distinguished accolades at the Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Awards 2025, held recently. These wins mark yet another milestone in NDB’s ongoing journey of excellence, innovation, and dedication to inclusive financial services. The […]

By David Dalton Courtesy NUCNET Deploying reactor above 600 MW likely to be ‘technically challenging’ Sri Lanka is making progress in establishing nuclear infrastructure and has already identified potential new-build sites as it embarks on the development of its nuclear power programme, according to an International Atomic Energy Agency (IAEA) review mission. The follow-up Integrated […]

by Arundathie Abeysinghe Courtesy PIME Asia News Without renewed agreements with the government, domestic production could drop from the current 25 per cent (the lowest in South Asia), the Sri Lanka Pharma Manufacturers Association warns. Despite investments and growing capacity since 2015, the sector remains fragile, hampered by red tape. Repurchasing is essential for the […]

Courtesy Adaderana In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions to licensed financial institutions to impose maximum caps on loan-to-value (LTV) ratios for vehicle-related credit facilities. The directive, which takes effect from 18 July […]

National Development Bank PLC National Development Bank PLC (NDB) is proud to announce its latest accolades at the Asian Banking & Finance Retail Banking Awards 2025 held in Singapore, having secured two coveted awardsDomestic Retail Bank of the Year – Sri Lanka and, for the very first time, Islamic Banking Initiative of the Year – […]