National Development Bank PLC (NDB) is proud to announce that its revolutionary NDB WriztPay offering has won the prestigious Excellence in Innovation—Payments award at the Global Banking and Finance Awards 2024 in the United Kingdom. This international recognition highlights NDB's commitment to advancing digital innovation in the financial services sector, further cementing its role as a leader in banking technology.

Since its inception in 2011, the Global Banking and Finance Awards have celebrated innovation, achievement, and excellence within the global financial community. The awards recognise companies of all sizes that demonstrate expertise and forward-thinking strategies across a variety of financial sectors. NDB's win in the Excellence in Innovation category underscores the bank's dedication to delivering cutting-edge solutions tailored to modern customer needs.

NDB WriztPay is Sri Lanka’s first-ever wearable payment solution, offering customers a seamless and secure way to manage their finances on the go. Powered by VISA, NDB WriztPay has revolutionised how customers interact with everyday transactions, enabling them to make payments with a simple tap of the wrist. This innovation exemplifies NDB's digital-first strategy, which aims to integrate technology into every facet of banking, ensuring convenience, security, and accessibility.

Speaking on the award, Kelum Edirisinghe, CEO of NDB Bank, stated, "We are honoured to be recognised on a global stage for our innovative approach to payments. NDB WriztPay reflects our vision to transform the banking experience for our customers, offering them solutions that are not only convenient but also technologically advanced. This award is a testament to our commitment to innovation, and we are excited to continue pushing boundaries in the financial industry."

The Global Banking & Finance Awards span various categories, including banking, technology, corporate governance, asset management, and corporate social responsibility. NDB’s win highlights its dedication to remaining at the forefront of technological advancements, offering financial products that enhance the customer experience and set new standards in the banking industry.

As NDB continues to evolve its digital footprint, the success of NDB WriztPay is a reflection of the bank’s focus on blending innovation with practicality, ensuring that customers are empowered with the best digital banking tools available.

NDB remains committed to pioneering solutions that align with the future of banking, reinforcing its reputation as a forward-thinking financial institution dedicated to providing seamless, secure, and innovative banking experiences.

NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri Lanka's Best Bank for Corporates at Euromoney Awards for Excellence 2024 and was awarded Domestic Retail Bank of the Year - Sri Lanka and Sri Lanka Domestic Project Finance Bank of the Year by Asian Banking and Finance Magazine (Singapore) Awards 2024. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.