NDB Bank wins for second consecutive year at National Business Excellence Awards 2011

NDB Bank emerged the proud recipient of an award presented at the prestigious National Business Excellence Awards, for the second consecutive year proving the Bank’s continued dedication towards remaining a financial institution that delivers innovative solutions with ‘best in industry’ service. NDB Bank was awarded Runner’s Up under Banking & Financial Sector’ at the recently held ceremony.  

Commenting on the achievement NDB Bank’s Chief Executive Officer, Russell De Mel said: “We consider it a great honour to have received recognition at the National Business Excellence Awards for our contribution towards the Banking and Finance Sector.   The overall stability and performance of NDB Bank over time, has been a great assurance to our customers and stakeholders. This is the second time we have been recognised at the National Business Excellence Awards and we will continue to maintain the highest standards in terms of service and performance.”

The contenders for these awards were evaluated by an eminent panel of judges over the last few months, followed by an in-depth interview.

The Business Excellence Awards are presented based on the business and financial performance of an organisation, in the areas of financial stability, steady growth, balanced business portfolio, growth of value addition and performance against the industry.

The awards criterion also included excellence in product and process innovation, successful implementation of best practices in performance management, best practices in corporate governance and successful institutionalisation of corporate social responsibility practices.

The National Business Excellence Awards is an annual award competition conducted by the National Chamber of Commerce of Sri Lanka (NCCSL) with a view to recognising the business enterprises, which have demonstrated excellence in business whilst contributing to the economic progress of the country.

NDB Group, a fully fledged financial conglomerate, offers project finance, corporate banking, SME lending, retail banking, investment banking, stock brokering, wealth management and insurance solutions under one roof, making NDB a truly universal bank.

Today, the Group also operates regionally in Maldives and Bangladesh; NDB Bank is one of the well capitalised banks in Sri Lanka, offering a wide range of commercial banking services through its growing branch network.