National Development Bank PLC recently partnered with the Information and Communication Technology Agency of Sri Lanka (ICTA) under the NDB Jayagamu Sri Lanka scheme in order to exclusively support Technology Start-ups and technology scale-ups.
‘NDB Jayagamu Sri Lanka’ was launched by NDB Bank with the intention of boosting the local economy and to financially stabilizing the nation by providing financial and non-financial services to Small & Medium Scale Enterprises (SMEs), emerging exporters, aspiring entrepreneurs and enthusiastic innovators of Sri Lanka. With this partnership with ICTA, the Bank will develop a credit facility to support tech start-ups.
Since the launch of ‘NDB Jayagamu Sri Lanka’ the Bank has been working with all its partner organisations such as the Export Development Board (EDB), Cord 360, Maersk (Pvt) Ltd, Codevus (Pvt) Limited - ERP service provider, Thinkcube Solutions (Pvt) Ltd - ERP service provider and SL @ 100 in order to provide a boost to the country’s exporters and innovators in order to assist the country in post-COVID revival.
Through this, both financial and non-financial services were offered to encourage and facilitate entrepreneurs, exporters and innovators even amidst the first and second waves of the pandemic.
NDB Bank was awarded the “Best Digital Bank 2021” at the Asiamoney Best Bank Awards for Sri Lanka in addition to being crowned "Sri Lanka’s Best Bank 2021" by the prestigious Global Finance Magazine of USA, and "The Bank of the Year Sri Lanka", by The Banker Magazine UK. NDB is the 4th largest listed bank in Sri Lanka and the parent company of the NDB Group. The only financial services conglomerate in Sri Lanka, NDB Group is uniquely positioned towards assisting the growth and development of the Sri Lankan financial market to provide its customers seamless access to the product and service offerings of all its group companies.