Nations Trust Bank

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Nations Trust Bank PLC
Company typePublic
CSE: NTB.N0000
ISINLK0309N00001
IndustryFinance
FoundedJanuary 21, 1999; 26 years ago (1999-01-21)
Headquarters,
Sri Lanka
Number of locations
96 (2022)
Area served
Sri Lanka
Key people
  • Sherin Cader (Chairperson)
  • Hemantha Gunetilleke (Chief Executive Officer)
ProductsBanking, financial and related services
RevenueIncrease LKR64.818 billion (2022)
Increase LKR38.867 billion (2022)
Increase LKR7.228 billion (2022)
Total assetsIncrease LKR414.944 billion (2022)
Total equityIncrease LKR46.041 billion (2022)
Owners
Number of employees
Decrease 2,479 (2022)
Subsidiaries
  • Waldock Mackenzie Ltd
  • Allied Properties Ltd
  • Nations Insurance Brokers Ltd
Websitewww.nationstrust.com
Footnotes / references
[1]

Nations Trust Bank, regulated by the Central Bank of Sri Lanka and governed by the Banking Act, commenced operations in July 1999 following the acquisition of the Colombo branch of the Overseas Trust Bank. Historically, the Bank’s profitability has been primarily driven by its Corporate Banking segment. However, in alignment with its strategic direction and long-term vision—“To be the premium retail-focused Sri Lankan bank, committed to superlative quality in all our dealings”—the Bank now aims to position itself as a retail-focused commercial institution.

Nations Trust Bank PLC (abbreviated as NTB) is one of the listed banks in Sri Lanka with 96 branches, 99 ATMs and 64 cash deposit & withdrawal machines as well as an automated channels and is the issuer and sole acquirer for American Express Credit Cards in Sri Lanka.[2] Nation Trust Bank's major shareholders are John Keells Holdings and Central Finance Company PLC which are leading companies in their respective operating sectors in Sri Lanka.

References

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