National Development Bank PLC (NDB) has moved to appoint KPMG as its external auditor for the 2026 financial year, replacing Ernst & Young (EY), in a change driven by the Central Bank-mandated ...

May 24 - Fitch Ratings has revised National Development Bank PLC's (NDB) Outlook to Negative from Stable. Its National Long-Term rating has been affirmed at 'AA(lka)'. Fitch has also affirmed NDB's ...

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 (Bank) wishes to provide a further update on the previously disclosed fraud incident, with a clear assurance to customers and all stakeholders. The Bank reiterates, that ...

Sri Lanka, Nov. 6 -- National Development Bank PLC, released its financial results for the nine months ended September 30, 2025, to the Colombo Stock Exchange recently. The results showcase impressive ...

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 ...