(ADDs new info from NDB statement on Monday and statement from Central Bank) The fraud at the NDB Bank perpetuated by some employees with the assistance of outside parties has been estimated at an ...

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] SHANGHAI - The New Development Bank (NDB) has issued a three-year panda bond worth 7 ...

The New Development Bank will make greater efforts to advance economic growth in emerging economies and help address pressing issues such as climate change as it welcomes more potential members, said ...

Colombo, April 10 (Daily Mirror) - In the wake of an internal fraud rattling the National Development (NDB), the International Monetary Fund (IMF) said yesterday that it is closely watching the ...

In the wake of the National Development Bank (NDB) PLC having to publicly acknowledge a loss of as much as Rs 13.2 bn due to internal fraud, the priority is to maintain confidence of the public in the ...

COLOMBO (News 1st); The National Development Bank announced that no customer account balances have been affected by the internal financial fraud detected at the bank. The bank emphasised that NDB ...

A control failure that began beneath the surface has now forced National Development Bank PLC (NDB) to confront a multi-billion-rupee fraud, testing both its governance framework and the broader ...

National Development Bank PLC (NDB) has been named Sri Lanka’s Best Trade Finance Bank at the Euromoney Awards for Excellence 2026, securing the top overall domestic ranking among local banks. This ...

National Development Bank PLC (NDB Bank) confirms that it has identified a fraudulent activity involving internal personnel acting in collusion with external parties. The matter has been promptly ...