International recognition for NDB from IFM | Daily News

International recognition for NDB from IFM

The International Financial Magazine (IFM) of UK, recently recognized NDB as the "Best Commercial Bank" in its financial recognition awards for Sri Lanka. Amongst some of the other winners in the country were NDB Investment Bank - The Best Investment Bank, National Savings Bank - Best Specialised Bank and HSBC - Best Internet Bank andBest Foreign Bank.

CEO Russell de Mel

IFM's Financial Awards makes a synergetic effort to shine the spotlight on organizations in niche segments and those exhibiting brilliance in the unsung corners of finance industry. The recipients of the awards have to qualify on stringent parameters which not only includes their size and performance but also their contributions to the society through CSR initiatives.

Therefore with this award, IFM recognises NDB for the great strides the Bank has made in emerging as a competitive commercial bank in the industry while displaying exemplary corporate citizenship through sustainable business practices; resulting in substantial positive impacts on the economy, community and the environment in which it operates.

Commenting on the Sri Lankan financial awards Christopher Atkinson, Chief Editor of IF said, "SriLankan economy has grown at a rapid pace since 2009. International Finance Magazine identifies some key performers in the financial domain who have contributed to the growth of the nation. Many congratulations to the winners."

The IFM in its award programme for Sri Lanka recognised Russell de Mel, Chief Executive Officer of NDB for his contribution towards the sector. "Personally, being recognised with this award is certainly an honour and a privilege especially at a very significant juncture of my life where I'm about to take the final bow from my 3 decade long career."

Commenting further on the awards for NDB Group de Mel stated, "NDB is indeed honoured to be recognised with the award for 'Best Commercial Bank' as well as the 'Best Investment Bank' in Sri Lanka by the International Finance Magazine, UK. This is the first time the banks have been awarded by the IFM and the awards justly recognise the great strides we have made as a rapidly growing banking conglomerate in Sri Lanka." IFM, is an online finance resource headquartered in London.



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