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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

NDB Bank Launches TradeLinc, Revolutionizing Supply Chain Finance in Sri Lanka

January 30, 2025
in Business
Reading Time: 11 mins read
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NDB Bank marked a momentous occasion with the official launch of TradeLinc, a revolutionary digital banking solution that is set to redefine supply chain finance in Sri Lanka. This exclusive event, attended by over 100 distinguished business customers, demonstrated the bank’s unwavering commitment to advancing innovative financial solutions and empowering businesses across the nation. 

The evening began with an inspiring address by Kelum Edirisinghe, CEO of NDB Bank, who articulated the bank’s vision for the future of digital banking. He emphasised the strategic importance of TradeLinc as a catalyst for growth, providing Sri Lankan businesses with real-time solutions to optimise liquidity and enhance supply chain operations. 

Rukmal Dharmadasa, Chief Manager of NDB Supply Chain Finance, offered a comprehensive introduction to the TradeLinc platform, outlining its key features and benefits. Designed to meet the unique needs of the Sri Lankan market, TradeLinc enhances visibility, enables real-time funding, and offers cost-effective solutions tailored for local businesses, particularly SMEs. 

The significance of this milestone was further highlighted through a special address by Mr. Takafumi Kadono, Country Director of the Asian Development Bank (ADB), who underscored the global importance of closing the trade finance gap and enabling small and medium enterprises to thrive. Complementing this, Ms. Aparna Soni, Relationship Manager of the Trade and Supply Chain Division at ADB, shared her insights on how innovative supply chain finance solutions like TradeLinc can drive sustainable growth and foster greater financial inclusion. 

A highlight of the evening was the gifting of NDB WriztPay bands to five distinguished invitees, symbolising NDB Bank’s ongoing commitment to blending technology with financial services for a seamless customer experience. The event concluded with a vote of thanks by Mr. Amal Yapa, Assistant Vice President of Wholesale Banking, followed by cocktails and fellowship, fostering an engaging platform for networking and collaboration. 

TradeLinc represents a bold step forward in NDB Bank’s journey toward shaping the future of banking. By addressing critical liquidity challenges and empowering businesses with innovative tools, NDB is paving the way for a stronger, digitally connected Sri Lankan business landscape.

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.

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