March 2022

Alpen Capital has successfully advised National Development Bank PLC (“NDB”), the largest financial services group in Sri Lanka, for the second time in raising a USD 75 million medium term facility. The funding has been provided by the Development Finance Corporation and will be utilized by NDB for onward lending to the Micro & SME sectors.

About NDB

Established in 1979, NDB through its network of 113 branches, offers a full range of products and services to retail, small & medium enterprises and corporate sectors.

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