NDB was named “Best Bank in Sri Lanka” by the renowned Global Finance Magazine at the 25th Annual Best Bank Awards in the Asia-Pacific region.
The award is given by the editors of Global Finance magazine based on asset growth, profitability, geographic reach, strategic relationships, new business development and product innovation.
Global Finance Magazine is one of the leading global publications in the banking and finance sectors, and many banks around the world vie for their annual titles of top banking awards.
Dimantha Seneviratne, Chief Executive Officer of NDB, said: “We are honored to be selected as ‘Best Bank in Sri Lanka’ given the prestige and worldwide acceptance of Global Finance, USA, one of the most prestigious banking and finance publications in the world. This is the second year that NDB has won this title after 2015. We are proud to have won this title again in 2018. “
The Global Finance Best Bank title is one of the most sought-after titles in the Sri Lankan banking industry, with stiff competition from leading commercial banks.
This is the twenty-fifth year magazine has selected top banking performers in emerging markets. The report covers the best banks in Latin America, Central and Eastern Europe, Asia Pacific, the Middle East and Africa.
The winners will be honored at an awards ceremony during the annual meeting of the IMF and World Bank in Bali, Indonesia on October 13, 2018.
“In a time of unprecedented change in the financial services industry, Global Finance’s annual Best Bank Awards continue to provide a consistent assessment of the financial industry’s performance, whether it be developing products to meet new funding needs or developing digital platforms that accelerate and improve services. “Said Joseph D. Giarraputo, editor and editor of Global Finance.