National Development Bank PLC (NDB) has once again been recognised for its exceptional commitment to transparency and corporate reporting at the prestigious CMA Excellence in Integrated Reporting Awards 2024. The Bank was honoured as the winner in the "Best Integrated Report - Banking Sector" for the sixth consecutive year (joint award in 2024) and also earned the coveted recognition as one of the "Five Excellent Integrated Annual Reports."

The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka), is a premier platform that promotes integrated reporting among Sri Lankan companies, both listed and unlisted, as well as state-owned institutions. CMA Sri Lanka, the national professional management accounting institute incorporated by Act of Parliament No. 23 of 2009, aims to encourage organisations to embrace integrated reporting practices. The awards focus on showcasing companies that demonstrate how they create, preserve, or erode value over time, aligning with global best practices in integrated reporting.

Commenting on the accolades, Hasitha Athapattu, Vice President Finance, expressed his appreciation for the recognition, stating, “This achievement reflects our commitment to excellence in corporate reporting. At NDB, we believe in producing reports that are not only aligned with international standards but also serve as a benchmark for transparency and stakeholder engagement, whilst empowering users of our annual reports with information of greater relevance and clarity, thereby enabling more informed decision making. These awards motivate us to continue refining our reporting processes, ensuring we communicate our value creation story effectively.”

This latest achievement reaffirms NDB's position as a leader in the banking industry, particularly in adopting robust reporting practices that integrate financial and non-financial information. The Bank’s continuous focus on innovation and strategic growth is evident in its comprehensive approach to addressing stakeholder needs while adhering to the principles of integrity and accountability.

NDB Bank remains steadfast in its mission to empower the nation by offering meaningful financial and advisory services. Recognitions like these underscore the Bank’s dedication to upholding the highest standards in corporate reporting and fostering trust among its stakeholders.

NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri Lanka's Best Bank for Corporates at Euromoney Awards for Excellence 2024 and was awarded Domestic Retail Bank of the Year - Sri Lanka and Sri Lanka Domestic Project Finance Bank of the Year by Asian Banking and Finance Magazine (Singapore) Awards 2024. 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.