NDB adjudged leading partner bank in SL under ADB’s Trade Finance program

Wednesday, 6 May 2015 01:24 - - {{hitsCtrl.values.hits}}

The Asian Development Bank (ADB), backed by its AAA credit rating, works with over 200 partner banks to support import and export activities in Asia’s most challenging markets under its Trade Finance Program.

With dedicated trade finance specialists and a response time of 24 hours, the Trade Finance Program has established itself as a key player in the international trade community, providing fast, reliable, and responsive trade finance support to fill market gaps. The Annual Meeting of the International Chamber of Commerce (ICC) Banking Commission was held in Singapore from 20 to 23 April. During these sessions in Singapore National Development Bank PLC (NDB) won the award ‘The Leading Partner Bank in Sri Lanka for Asian Development Bank’ under its Trade Finance Program. The award acknowledges NDB’s significant efforts in contributing to the promotion of trade finance within Sri Lanka and in the region. NDB’s recognition will further establish the solidarity of the strong partnership between ADB and NDB and will be an encouragement to engage even more aggressively and actively in contributing to the promotion of Trade Finance in the developing Asia Pacific region. Assistant Vice President Trade Finance Rivindu Nanayakkara who represented National Development Bank accepted the award.