clock December 24,2023
NDB Conducts Investor Earnings Call on its Financial Results for FY 2023

NDB Conducts Investor Earnings Call on its Financial Results for FY 2023

National Development Bank PLC recently conducted its quarterly Investor Earnings Call on March 20, 2024, following the release of its financial results for the financial year ended 31 December 2023.

Led by Mr. Kelum Edirisinghe, the Director and Chief Executive Officer of NDB Bank, along with the bank's senior management team, the virtual event was held via Zoom. It featured a detailed presentation by the CEO on the performance of FY 2023, followed by an interactive Q&A session aimed at addressing participants' queries. Questions raised comprised those relevant to the bank’s performance as well as industry level and macroeconomic level topics.

This highly anticipated event, managed seamlessly by NDB's Investor Relations Team, attracted a diverse audience, including research analysts, stockbrokers, and fund managers from both Sri Lanka and overseas. NDB has been continually organising similar quarterly webinars since 2014, showcasing its commitment to transparency and accountability in investor communications. Transcripts and playback videos of the calls are readily available on the bank's website for easy reference.

The Investor Earnings Call provided valuable insights into NDB's financial performance, strategic initiatives, and prospects, fostering transparency and trust among investors and the broader financial community.

NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. The Bank was named the Retail Bank of the Year (Sri Lanka) at Asian Banking & Finance Retail Banking Awards 2023 and the Best Corporate Bank 2023 by Asiamoney and also emerged as the Most Awarded Corporate in Sri Lanka in 2022 for the second consecutive year, as per the annual rankings of Sri Lankan publication LMD. The Bank was adjudged the Best Bank in Sri Lanka 2022 by Global Finance USA and Euromoney in their annual best bank awards programmes. Additionally, The Bank was named one of the "Top 50 Best Workplaces in Sri Lanka 2022" by Great Place To Work, USA. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. The Bank was named the Retail Bank of the Year (Sri Lanka) at Asian Banking & Finance Retail Banking Awards 2023 and the Best Corporate Bank 2023 by Asiamoney and also emerged as the Most Awarded Corporate in Sri Lanka in 2022 for the second consecutive year, as per the annual rankings of Sri Lankan publication LMD. The Bank was adjudged the Best Bank in Sri Lanka 2022 by Global Finance USA and Euromoney in their annual best bank awards programmes. Additionally, The Bank was named one of the "Top 50 Best Workplaces in Sri Lanka 2022" by Great Place To Work, USA. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.

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