Company Information

Get to know National Development Bank Ltd

Established in 1979 as a Development Finance Institution, National Development Bank (NDB) PLC transitioned into a fully-fledged commercial bank in 2005. The bank has since grown to become one of Sri Lanka's leading financial institutions, offering a comprehensive suite of services including retail banking, corporate banking, SME financing, project finance, investment banking, and wealth management. NDB is committed to driving national growth and empowering its customers through innovative digital solutions and a customer-centric approach.

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Financial BankingPRIMARY
Financial Other Service

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National Development Bank Ltd

Papua new Guinea

Founded in

1967 (59 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.