NDB in rapid expansion in the North with the opening of Manipay Branch

Tuesday, 2 February 2016 00:03 - - {{hitsCtrl.values.hits}}

NDB extended its footprint in the Northern region of the country with the opening of its 96th Branch in Manipay recently. The new branch opening reinstates the Bank’s continued commitment towards the rapid post-conflict economic development taking place in the region.

Located in the Jaffna Peninsula, Manipay’s most precious commodity is its rich, fertile soil which produces abundant harvests of paddy, vegetables chillies, onions and grapes amongst a variety of other crops. The town’s economy is kept alive by a thriving DFT-9-03 farming community which in turn makes a substantial contribution towards the economy of the country.

NDB’s branch in Manipay will be geared to support this blossoming agricultural community which spells out many entrepreneurial opportunities. Through its newest Branch, NDB aims to provide customised SME Banking solutions coupled with effective entrepreneurial education and advisory services to aspiring SMEs in the Manipay region. Some of the SME Banking services that will be offered include; Long -Term Loans on concessionary interest rates, Short-Term Working Capital Loans, Supplier Finance facilities, Importer/ Exporter funding facilities as well as Distributor Finance facilities.

Further, NDB will also offer a gamut of Retail Banking products including Current/Savings accounts, Fixed Deposits, Housing Loans, Pawning services, Vehicle Leasing as well as Insurance Services to the residents of Manipay to help them grow and secure their wealth while enjoying easy access and convenience of Banking with automated facilities such as Visa Debit Cards, Internet Banking and Western Union Money Transfer Services.

NDB’s Manipay Branch is located at No 260,Manipay Road Manipay and will be open from 9.00am to 4.00pm on weekdays.

NDB remains dedicated to bringing its customers one step closer to accomplishing their lifelong ambitions and uplifting their standards of living through the range of services that is accessible through its growing branch network.

DFT-9-02 Member of Parliament E.Saravanabavan , North East Region Regional Manager, Thissaveerasingam Jeyarajasingam, CEO Rajendra Theagarajah , Finance & Planning Vice President Dhanan Senathirajah , Group CFO Faizan Ozman, Administration and Services Vice President Mancius Paiva , Branch Manager S. Sarweswaran , and Assistant Manager S .Senthooran