National Development Bank Plc operates in the National commercial banks sector. National Development Bank PLC is a Sri Lanka-based company. The activities of the Bank, its subsidiaries and associate companies consists of the business of commercial banking, development financing, merchant banking, investment banking, leasing, housing finance, venture capital, stock broking, fund management, property finance and insurance. During the year ended December 31, 2010, the Company had 47 branches. As of December 31, 2010, the Company had five subsidiaries, namely Capital Development and Investment Company PLC, Development Holdings (Pvt) Ltd, NDB Investment Bank Ltd, NDB Stock Brokers (Pvt) Ltd and NDB Capital Limited, along with four associated companies. In
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