Nations Trust Bank

Colombo, Sri Lanka Founded: 1999 • Age: 27 yrs
Commercial banking services are provided in Sri Lanka since 1999.
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About Nations Trust Bank

Nations Trust Bank is a company based in Colombo (Sri Lanka) founded in 1999.. Nations Trust Bank operates in a competitive market with competitors including Scotiabank, Seylan Bank, Sampath Bank, DFCC Bank and CDB, among others.

  • Headquarter Colombo, Sri Lanka
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $24 M (USD), Debt – Conventional

    Sep 12, 2023

  • Investors
  • Employee Count
    Employee Count
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People of Nations Trust Bank
Headcount 1000-5000
Employee Profiles 20
Board Members and Advisors 10
Employee Profiles
People
Kushlani Allis
Chief Financial Officer
People
Hemantha Gunetilleke
CEO
People
Sheahan Daniel
Executive Vice President
People
Niluka Gunatilake
SVP, Cards & Consumer Assets

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Board Members and Advisors
people
Savanth Sebastian
Director
people
Sanjeev Jha
Non Executive Director
people
Charitha Subasinghe
Director
people
Chanaka Wickramasuriya
Director

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Funding Insights of Nations Trust Bank

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $24.0M
  • First Round

    (28 Apr 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Debt – Conventional - Nations Trust Bank Valuation

investors

FMO
Apr, 2021 Amount Debt – Conventional - Nations Trust Bank Valuation

investors

FMO
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nations Trust Bank

Nations Trust Bank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FMO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Development financing is provided for entrepreneurial ventures in emerging markets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nations Trust Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nations Trust Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nations Trust Bank Comparisons

Employees
+
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Competitors of Nations Trust Bank

Nations Trust 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, Seylan Bank, Sampath Bank, DFCC Bank and CDB, 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
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking services are provided to customers in Sri Lanka.
domain founded_year HQ Location
Commercial banking services are offered in Sri Lanka.
domain founded_year HQ Location
Commercial Bank
domain founded_year HQ Location
Commercial banking services are offered by CDB in Sri Lanka.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nations Trust Bank

Frequently Asked Questions about Nations Trust Bank

When was Nations Trust Bank founded?

Nations Trust Bank was founded in 1999 and raised its 1st funding round 22 years after it was founded.

Where is Nations Trust Bank located?

Nations Trust Bank is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.

What does Nations Trust Bank do?

Nations Trust Bank was established in 1999 in Colombo, Sri Lanka, as a commercial bank. Core operations are centered on deposit management, lending, and corporate finance within the financial sector. Services extend to retail and business clients, including accounts, loans, and payment solutions. The banks activities are primarily conducted in the local market, supported by its online domain nationstrust.com, with a focus on standard banking practices.

Who are the top competitors of Nations Trust Bank?

Nations Trust Bank's top competitors include Scotiabank, Seylan Bank and DFCC Bank.

Who are Nations Trust Bank's investors?

Nations Trust Bank has 1 investor. Key investors include FMO.

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