About National Development Bank
National Development Bank is a company based in Colombo (Sri Lanka) founded in 1979.. National Development Bank operates in a competitive market with competitors including Scotiabank, Sampath Bank, Nations Trust Bank, Seylan Bank and DFCC Bank, among others.
- Headquarter Colombo, Sri Lanka
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of National Development Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by National Development Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - National Development Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
National Development Bank Comparisons
Competitors of National Development Bank
National Development Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Sampath Bank, Nations Trust Bank, Seylan Bank and DFCC Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Sri Lanka.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Sri Lanka since 1999.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to customers in Sri Lanka.
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| domain | founded_year | HQ Location |
Commercial Bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on National Development Bank
Frequently Asked Questions about National Development Bank
When was National Development Bank founded?
National Development Bank was founded in 1979.
Where is National Development Bank located?
National Development Bank is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
Who is the current CEO of National Development Bank?
Dimantha Seneviratne is the current CEO of National Development Bank.
What does National Development Bank do?
The National Development Bank was established in 1979 as a commercial bank headquartered in Colombo, Sri Lanka. Operations are centered on offering financial services such as loans, deposits, and corporate banking to support business and individual clients. Focus is maintained on the domestic market, with activities aligned to economic development needs in the region. Leadership is provided by CEO Dimantha Seneviratne.
Who are the top competitors of National Development Bank?
National Development Bank's top competitors include Scotiabank, Seylan Bank and DFCC Bank.
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