National Development Bank PLC (NDB) is proud to announce its latest accolades at the Asian Banking & Finance Retail Banking Awards 2025 held in Singapore, having secured two coveted awardsDomestic Retail Bank of the Year – Sri Lanka and, for the very first time, Islamic Banking Initiative of the Year – Sri Lanka. These recognitions reinforce NDB’s unwavering commitment to excellence, customer-centric banking, and innovation across diverse financial segments.
This year’s honours follow closely on the heels of NDB’s earlier win under the Wholesale Banking Awards category, where the Bank was named Domestic Project Finance Bank of the Year – Sri Lanka, affirming its leadership in funding national infrastructure and large-scale development projects.
The Asian Banking & Finance Awards are widely regarded as one of the most competitive and respected recognitions in the region, and NDB ‘s recognition is a testament to the Bank’s vision, agility, and sustained delivery of impactful banking solutions tailored to Sri Lanka’s evolving needs.
The title of Domestic Retail Bank of the Year further cements NDB’s role as a dynamic retail banking leader, driven by digital transformation, inclusive products, and a strong nationwide presence that supports individuals and SMEs alike.
Meanwhile, the Islamic Banking Initiative of the Year award marks a historic first for NDB, reflecting the Bank’s dedication to expanding inclusive financial services and offering ethical, Shariah-compliant banking solutions that serve a growing segment of Sri Lankan society. This achievement recognises the Bank’s strategic entry and success in Islamic finance, built on transparency, trust, and structured growth.
Commenting on the wins, Kelum Edirisinghe, Director and CEO of NDB Bank, stated, “These recognitions are a proud moment for all of us at NDB. They are a reflection of the trust our customers place in us and the dedication of our teams who strive every day to deliver banking excellence with purpose. As we continue to innovate, our focus remains on deepening customer relationships, expanding financial access, and supporting the broader economic progress of Sri Lanka.”
These latest awards add to NDB’s impressive legacy of recognition at the Asian Banking & Finance Awards over the years, showcasing the Bank’s consistency, capability, and forward-thinking approach across retail, corporate, and project financing domains.
As NDB continues its journey of empowering lives and enriching the nation, these recognitions serve as a reminder of the impact purposeful banking can achieve, fostering inclusion, innovation, and long-term growth for all Sri Lankans.
NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri Lanka’s Best Bank for Corporates at Euromoney Awards for Excellence 2024 and was awarded Domestic Retail Bank of the Year – Sri Lanka and Sri Lanka Domestic Project Finance Bank of the Year by Asian Banking and Finance Magazine (Singapore) Awards 2024. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.
