The Central Bank of Sri Lanka (CBSL) has issued a statement regarding the ongoing situation at National Development Bank PLC (NDB) following the recent revelation of an internal fraud case.
Preliminary evaluations indicate that NDB is maintaining capital and liquidity levels significantly above the regulatory minimums. Crucially, this incident has not affected customer accounts or deposits, which remain secure and protected.
CBSL continues to engage actively with NDB and its stakeholders, ensuring close oversight. The Central Bank is prepared to implement any necessary actions to uphold the bank’s stability and safeguard the interests of its depositors.
