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“National Development Bank Hosts Investor Earnings Call to Discuss FY 2023 Financial Results”

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

Led by Mr. Kelum Edirisinghe, the Director and Chief Executive Officer of NDB Bank, alongside the bank’s senior management team, the virtual event was hosted via Zoom. It featured a comprehensive presentation by the CEO on the performance of FY 2023, followed by an interactive Q&A session addressing participants’ inquiries, covering topics ranging from the bank’s performance to industry and macroeconomic matters.

Managed seamlessly by NDB’s Investor Relations Team, this eagerly awaited event attracted a diverse audience, including research analysts, stockbrokers, and fund managers from Sri Lanka and abroad. NDB has consistently organized similar quarterly webinars since 2014, underscoring its commitment to transparent and accountable investor communications. Transcripts and playback videos of the calls are readily accessible on the bank’s website for easy reference.

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

NDB Bank, the fourth-largest listed commercial bank in Sri Lanka, has garnered numerous accolades, including Retail Bank of the Year (Sri Lanka) at the Asian Banking & Finance Retail Banking Awards 2023, Best Corporate Bank 2023 by Asiamoney, and recognition as the Most Awarded Corporate in Sri Lanka in 2022 by LMD. Additionally, it has been honored as the Best Bank in Sri Lanka 2022 by Global Finance USA and Euromoney, and named one of the “Top 50 Best Workplaces in Sri Lanka 2022” by Great Place To Work, USA. NDB, as the parent company of the NDB Group, comprises capital market subsidiary companies, collectively forming a unique banking and capital market services group committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.

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