As customers grow more sophisticated, bankers are challenged by a growing demand for unique, customized financial solutions. Responding to this demand, in 2006 NDB set up a Specialized Commercial Markets Division within its Corporate Banking business.
The Division offers integrated customer solutions across different corporate market segments. Its products are structured and developed to meet the varying, often unique requirements of enterprises of different sizes.
Structured trade finance, focused on providing unique value propositions to customers engaged in small and medium-scale industry, is one of the key products of the Division. Another product, channel finance, focuses on strengthening the supply and distribution channels of customers operating in the local market, adding value to NDB’s growing Commercial Banking and SME franchises.