Ndb wealth News

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Technology

Beauty Tech Giant Fresha Reaches Unicorn Status Following $80 Million Funding Round.

May 21, 2026 at 11:06 AM

London-based beauty and wellness platform Fresha has secured an $80 million investment from KKR, pushing its total valuation past the $1 billion milestone as it prepares for global expansion.

6 sources

Beauty Tech Giant Fresha Reaches Unicorn Status Following $80 Million Funding Round

Local News

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

May 18, 2026 at 4:45 AM

14 sources

Finance

Nations Trust Bank Posts Strong Start to 2026 with 12% Profit Growth.

Nations Trust Bank (NTB) reports a solid 12% growth in Profit After Tax to LKR 4.6 billion for Q1 2026, driven by a 10% increase in loan growth and strategic portfolio expansion, including the acquisition of HSBC's retail business in Sri Lanka.

May 15, 2026 at 3:11 AM

10 sources

Finance

Image Source : theasianbanker.com

NDB Bank Finalizes Complete Divestment of Seylan Bank Shares.

May 11, 2026 at 6:22 AM

5 sources

Local News•

May 7, 2026 at 2:01 AM

Serious Financial Irregularities Surface: Aswesuma Overpayments and NDB Bank Fraud Concerns.

Recent reports reveal a Rs. 500 million overpayment in the Aswesuma welfare program, alongside allegations of a Rs. 13.2 billion fraud at NDB Bank, sparking urgent calls for parliamentary inquiries and regulatory accountability.

6 sources

Finance

NDB Bank Reports Q1 2026 Results Amidst Significant Fraud Adjustments.

May 3, 2026 at 1:54 AM

National Development Bank (NDB) has announced its Q1 2026 results, acknowledging a total internal fraud impact of LKR 13.20 billion. The bank has restated prior years' financial statements to reflect the losses, while reporting a 15.3% growth in gross income.

20 sources

NDB Bank Reports Q1 2026 Results Amidst Significant Fraud Adjustments

Image Credit : independent.lk

Local News

Image Source : independent.lk

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud.

May 2, 2026 at 7:33 PM

8 sources

Finance

Image Source : businesscafe.lk

Strategic Leadership Reshuffle at NDB Wealth Management.

April 30, 2026 at 10:41 AM

20 sources

Technology

Citi Debuts AI-Driven Wealth Assistant 'Citi Sky' Amidst Memory Technology Hurdles.

Citi has launched 'Citi Sky,' a 24/7 AI-powered wealth advisor, while acknowledging that memory limitations in AI models remain a critical barrier to providing seamless long-term financial guidance.

April 29, 2026 at 9:53 AM

10 sources

NDB Wealth Convenes Elite Family Office Forum 2026 to Shape Future Wealth Strategies

Image Source : biz.chosun.com

Local News•

April 20, 2026 at 7:06 AM

NDB Wealth Convenes Elite Family Office Forum 2026 to Shape Future Wealth Strategies.

NDB Wealth hosted the Family Office Forum 2026 at Cinnamon Life, bringing together UHNW individuals and global experts to discuss investment strategies, geopolitical risks, and innovation-driven wealth management.

7 sources

Local News

Nations Trust Bank Poised for Robust Growth Following Strong Financial Performance.

April 20, 2026 at 12:18 AM

First Capital Research reports that Nations Trust Bank (NTB) is entering a phase of sustainable growth, supported by a clean balance sheet, improved asset quality, and strategic expansion plans including the acquisition of HSBC's retail operations in Sri Lanka.

7 sources

Local News

Image Source : sundaytimes.lk

National Development Bank Uncovers Internal Financial Irregularity Exceeding Rs. 380 Million.

April 2, 2026 at 3:43 PM

8 sources