National Development Bank PLC 2018 AR2
The report highlights NDB Bank's strong performance in 2018, during which it was recognized as the 'Best Bank in Sri Lanka' by Global Finance USA and 'Bank of the Year' by The Banker UK. The bank achieved record profitability, with profit after tax increasing by 28% to LKR 5.5 billion, driven by targeted expansion in retail and SME segments. NDB also made significant progress in its digital transformation, with 69% of total transactions performed through digital channels and the expansion of its branchless banking proposition, Bank2U. Additionally, the bank became the first Sri Lankan organization to obtain the prestigious EDGE certification for gender equality in the workplace.
Company: National Development Bank PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2018
Type: AR2
Pages: 512
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National Development Bank PLC
Annual Report
The report highlights NDB Bank's strong performance in 2018, during which it was recognized as the 'Best Bank in Sri Lanka' by Global Finance USA and 'Bank of the Year' by The Banker UK. The bank achieved record profitability, with profit after tax increasing by 28% to LKR 5.5 billion, driven by targeted expansion in retail and SME segments. NDB also made significant progress in its digital transformation, with 69% of total transactions performed through digital channels and the expansion of its branchless banking proposition, Bank2U. Additionally, the bank became the first Sri Lankan organization to obtain the prestigious EDGE certification for gender equality in the workplace.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women in Management
Employees