NTB opens second branch in Pettah offering 365 day banking

Friday, 28 September 2012 03:07 - - {{hitsCtrl.values.hits}}

Nations Trust Bank (NTB) added an important milestone with the opening of their second branch in the busy bazaars of Pettah offering 365 day banking with extended banking hours. With the expansion in Pettah Nations Trust Bank reiterates its commitment to service this time-honoured business district in Colombo with its’ bustling shops, boutiques, open markets and traders.

Located at No. 54A, Bankshall Street, the new branch is based on the proprietary design concept that offers the ultimate in convenience, a modern and comfortable banking hall and exceptional customer service, provided by our energetic and friendly staff.

In its 13 years of operations NTB has grown in strength and stability. The Bank closed the first half with a post tax profit of Rs. 893 million surpassing the comparative period of last year by 21%. Core-earnings posted a good growth over 2011 with revenue increasing at a higher rate of 13%. The Bank continues to progress well in diversifying its portfolio and earnings base while optimising returns in a controlled growth environment.

NTB is focused on providing a wide range of products to the Small and Medium Entrepreneurs (SME). For business customers, the Nations Business Banking proposition awards customers with Platinum and Gold membership privileges which translate to a special set of benefits including a lucrative rewards scheme. Apart from this the bank offers Trade Services, working capital finance, cash management services leasing, factoring and pawning. To further support the business community we have specially trained staff who can introduce our customers to the SME Tool Kit, a web site available in Sinhala, Tamil and English containing useful tools and information to further grow their business

NTB offers personal customers a suite of segmented product offerings which includes private banking and inner circle membership with special privileges for individual customers. The Bank offers a full range of savings and current accounts, attractive fixed deposits, Home Loans, Vehicle Loans remittance services, mobile banking and many other products and services, tailored to our customers requirements.

Commenting at the opening, NTB Director/CEO Renuka Fernando said, “I am happy to note that our customer base keeps growing in locations where we have been operating over the years. It is also noteworthy to say that this trend follows in all the new markets we have entered in to in the recent past. We are now pleased to offer our customers in this second location in Pettah additional services such as pawning and leasing. I am confident that our service levels are unprecedented and are second to none in the financial industry across our branches, Nations Business Centres and the Personal Banking Centres.”

NTB PLC is one of the fastest growing banks in Sri Lanka today. Its market positioning of being the benchmark of customer convenience is ably supported by a host of financial products and services to a wide customer segment. The Bank now operates 55 branches, seven Personal Banking Centres and is the sole issuer and acquirer for American Express cards in Sri Lanka.