The National Development Bank PLC has been recognised as one of the top 20 brands in the country by the world’s leading independent brand valuation consultancy – Brand Finance Lanka’s annual index of Most Valuable Brands. Leaping in the rankings from number 20 in 2020 to number 16 in 2021, and maintaining the rank at number 16 in 2022, the bank’s brand value has seen an increase of 7 percent from Rs. 10,287 million to Rs.11,038 million.
NDB has maintained its brand strength despite the challenges during the year due to the pandemic and economic situation within the country.NDB’s Assistant Vice President – Head of Marketing Shiyan Jayaweera said, “NDB is the 4th largest commercial bank in the country and has consistently been one of the fastest growing banks over the past few years. With a heritage of over 40 years in the country, a well-recognized presence and a branch network of 113 branches spread out across the country the bank is well poised to cater to the diverse needs of its customer base.
With a firm focus on the digital transformation of the overall banking experience,we are well placed to drive the next phase of growth and support our customers whether retail or corporate to achieve their ambitions.”He further said, “We have set ourselves an ambitious goal of becoming the most digitally enabled bank in Sri Lanka. We aim to bring the best of technology to our banking services in order to deliver the best in service experience and convenience for our customers who are at the centre of all activities carried out by the bank.”
As a brand this is encapsulated in NDB’s brand promise ‘The future is banking on us’. The digitalization of banking services through technology delivered safely and securely forms the core of the NDB brand strategy as it seeks to realize the ambitions of all customers and other stakeholders.Similarly, the bank was also recently awarded two Gold awards for Financial Inclusivity and Best Common ATM Enabler of the Year and one Merit Award Excellence in Customer Convenience at the Lankapay Technnovation Awards 2022.
Mahindra Ideal Finance One of Sri Lanka’s Great Places to Work
Mahindra Ideal Finance is not only one of Sri Lanka’s leading finance companies, but also one of Sri Lanka’s top employers of choice, attested to by the Company being certified as a Great Place to Work for 3 consecutive years, most recently in 2021.The Company has also been recognized amongst the Best 10 companies in the banking, financial services and insurance sector in 2021 by the Great Place to Work® Sri Lanka. As a result, Mahindra Ideal Finance has attracted a diverse group of individuals at the top of their game to be a part of the Company’s various teams. Having embarked on a landmark islandwide network expansion strategy, Mahindra Ideal Finance is also creating new opportunities for aspiring Sri Lankan professionals looking to build solid careers in financial services.
Duminda Weerasekara – Chief Executive Officer said, “As we are growing our presence around the country through the expansion of our branch network, we are looking for driven and passionate people to reinforce our teams. As we have been a dedicated, caring and trustworthy employer since our inception, Mahindra Ideal Finance is the ideal platform for dynamic young professionals looking to launch or grow their careers.”Great Place to Work®, headquartered in the USA, is the global authority on high-trust, high performance workplace cultures. Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures.
Daraz Cares introduces ‘Buy one Give One’ initiative – To support families in vulnerable communities
The unfolding economic crisis in the country has presented Sri Lankans with unprecedented challenges, including scarcity of essentials, escalating living expenses and deteriorating living standards. The impacts of the crisis are graver and more ominous for those in vulnerable communities, where families struggle to make ends meet amidst mounting financial difficulties.As part of its commitment to give back to the community, Daraz Cares has come forward with a social initiative that pledges support for families in vulnerable communities. The initiative themed ‘Buy One, Give One’ will support Sri Lankan families faced with financial challenges with a pack of selected daily essentials. The selected items for the ‘Buy One, Give One’ initiative are, a 1kg pack of CIC Sudu Suduru Rice,a 500g of Orient Mysoore Dhal, a 300g pack of Maggi Coconut Milk Powder, 500g of Orient White Sugar, and 500 g packs of Sunlight Lemon and Rose Detergent Powder, which are all available for purchase via Daraz Mart.
The initiative will be implemented in a manner that, each time an individual purchase any desired quantity of one of the nominated items on the Daraz app, Daraz will donate an equal quantity of the same product to a family in vulnerable communities.Daraz invites everyone to purchase a preferred quantity of the selected items via www.daraz.lk/dmart/ and become a part of the ‘Buy One, Give One’ social initiative.
DIMO partners with Allianz to provide innovative insurance scheme to its TATA customers
DIMO together with Allianz recently introduced a state-of-the-art motor insurance & claim settlement scheme designed exclusively for DIMO’s TATA customers.The partnership is focused on assisting the customers to reduce costs incurred during conducting accident repairs through exemption of the owner’s payable portion for TATA vehicles within 5 years of date of manufacture. This innovative facility also offers all TATA customers of DIMO special insurance premium rates at the time of renewal of insurance. DIMO’s TATA customers will enjoy the utmost convenience and zero hassle as both DIMO and Allianz will coordinate all tasks from towing the vehicle to the nearest DIMO-TATA workshop, quick and efficient estimation & approval process, repairing of the vehicle according to exact manufacturer’s specifications, settlement of repair bills to handing over of the vehicle to the customer in original condition.
Ranjith Pandithage, Chairman & Managing Director of DIMO, said, “This partnership will further assist us in offering an enhanced service for our valued customers. As a company, DIMO has always stood for fuelling the dreams and aspirations of the communities we serve in, and it is a pleasure to be able to offer an innovative insurance scheme at a time like this, in collaboration with Allianz.
Gany Subramaniam, CEO of Allianz Insurance Lanka Ltd, said “We are extremely pleased to be partnering with DIMO to offer a customer-centric product, ensuring a vehicle is repaired and restored with minimum hassle.”
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