NDB Bank “building bridges of trust” to reach unbanked in Sri Lanka
Russell de Mel, CEO, NDB Bank
It’s three years since the Sri Lankan civil war ended, yet its banking sector still has its work cut out convincing the huge unbanked population in the north and east of the country that they can trust in the country’s stability and its financial institutions. Russell de Mel explains how NDB Bank has a vital part to play in Sri Lanka’s nation-building: investing in the country’s youth, supporting communities, and fostering the SMEs that will grow and sustain the country’s economy.
Related by the tag Commercial Banking
Dr Alex Otti, Group Managing Director and CEO, Diamond Bank PLC
Nigeria’s Diamond Bank has weathered the recent financial crisis well, returning to profitability this year and occupying a strong position in the market. Dr Alex Otti outlines its principled stand to empower people and grow small businesses, without sacrificing its leading role in the country’s large energy sector.
January 16, 2013 Category: Investment
Elena Chong, Vicepresident, Credicorp Bank
Panama’s new investment-grade rating, combined with its strong banking sector, lends belief to projections that the country will continue to be a key performer in Latin America. Elena Chong describes how Panama’s banking system withstood the financial crisis, the government’s infrastructure plans for growth, and explains how Credicorp Bank’s unique services positions it ahead of its competitors.
December 19, 2012 Category: Banking
Abdulkareem Abu Al Nasr, CEO, National Commercial Bank
While most people still consider Saudi Arabia to be heavily reliant on oil, economic diversification has been one of the country’s strategic pillars since the 1980s. Today oil accounts for only 28 percent of GDP, in part thanks to the commitment of banks like NCB to supporting SMEs and local corporates. CEO Abdulkareem Abu Al Nasr discusses the current business environment and the bank’s commitment to sustainability.
December 14, 2012 Category: BankingRelated by the tag Sri Lanka
Mohan De Alwis and Piyadasa Kudabalage, Sri Lanka Insurance Corporation Ltd.
The insurance industry is being challenged by regulatory, political and economic factors. However, in contrast to the instability seen in the US and Europe, the insurance market in Asia has enjoyed growth. Mohan De Alwis and Piyadasa Kudabalage discuss Sri Lanka Insurance Corporation Ltd.’s position as the market leader in general insurance, its commitment to sustainability, and plans for global expansion.
November 12, 2012 Category: Insurance & Pensions
Aravinda Perera, Managing Director, Sampath Bank
Sampath Bank is a perfect case study of the economic boom sweeping Sri Lanka since the end of the civil war. The bank’s profits reached LKR 3.8bn in 2011, up from LKR 1bn just five years previously, after a successful programme of rapid branch expansion and aggressive deposit-taking and lending. Aravinda Perera discusses the reasons behind the post-war boom, the positive impact of Sri Lanka’s recent financial regulations, and plans to further diversify Sampath Bank Group’s interests.
June 29, 2012 Category: Banking