Business

NDB wins Gold at CFA Capital Market Awards again

National Development Bank PLC (NDB) emerged as the gold awardee for “Best Investor Relations” at the recently concluded CFA Sri Lanka Capital Market Awards 2019, for the fourth consecutive year. This is the seventh year that CFA Sri Lanka hosted this awards programme, and NDB is the only corporate to have secured the gold prize in any one category for four years in a row.

The Capital Market Awards conducted by the CFA Society Sri Lanka this year recognised best practices in investor relations, stockbroking research, unit trust fund management, equity research, and sector analysis reports. The event, which was held on 20 June 2019 at the Cinnamon Grand Colombo, saw organisations and analysts being recognised for their efforts in these categories with gold, silver, and bronze awards.

The judges observed an increasing number of listed companies displaying improved investor practices such as hosting post-earnings calls/analysts briefings on a consistent basis, providing slide decks analysing the results, and maintaining investor relations web pages making available presentations and transcripts of post-earnings investor calls, all of which are practiced by NDB.

NDB conducts dedicated investor relations with robust internal processes and dedicated resources to ensure that we add value to our shareholders and other related stakeholders in a meaningful manner.

The bank’s investor relations are based on well scheduled events, dissemination of quality information, and equal treatment to all participants, often with top management participation.