National Development Bank has been recognised once again in the prestigious Business Today Top 40 rankings for 2023-2024, securing the 15th position among Sri Lanka's top-performing corporates. This accolade celebrates NDB’s resilience, strategic vision, and its steadfast commitment to contributing to Sri Lanka’s economic recovery.

Business Today's Top 40 rankings for 2023-2024 honour companies that have exhibited exceptional leadership and innovation, particularly as Sri Lanka navigates economic recovery. This year’s recognition highlights the achievements of corporates that have demonstrated strength in adapting to challenges and contributing to macroeconomic stability. NDB’s placement among the Top 40 speaks to its strategic recalibration, focused on maintaining portfolio quality, optimising costs, and fostering digital transformation to address the needs of its diverse customer base.

During 2023, a year of notable challenges, NDB posted outstanding growth, with a remarkable 396% surge in pre-tax profit, reflecting the bank’s cautious yet optimistic approach, guided by its commitment to responsible growth and resilience amidst evolving macroeconomic conditions. With a focus on supporting the Small and Medium Enterprises (SME) sector, NDB continues to be a vital partner in Sri Lanka’s path to sustainable economic resurgence.

NDB's strategic direction emphasises digitalisation and innovation as key pillars for future growth. The bank's ongoing investments in its digital platforms and commitment to SMEs not only enhance customer experiences but also position NDB as a leading institution in driving economic progress.

As Sri Lanka’s economy stabilises and rebuilds, the bank remains committed to advancing its strategic initiatives to empower clients, uplift communities, and drive sustainable growth across the nation.

NDB extends its gratitude to its employees, stakeholders, and customers, whose continued support and trust have been instrumental in achieving this recognition. This accolade serves as a testament to NDB’s resilience, strategic foresight, and dedication to creating lasting value for its customers and the nation at large.

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.