Nations Trust Bank

Nations Trust Bank PLC (abbreviated as NTB) is one of the listed banks in Sri Lanka with 96 branches, 127 ATMs and 48 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. 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.

Nations Trust Bank PLC
TypePublic limited company
CSE: NTB.N0000
IndustryFinance
Founded1999 (1999) [1]
HeadquartersColombo, Sri Lanka
Number of locations
96 (2019)[2]
Area served
Sri Lanka
Key people
Gihan Cooray (Chairman)
Renuka Fernando (CEO)[2]
ProductsBanking, financial and related services
Revenue Rs 16.134 billion (2019)[2]
Rs 8.444 billion (2019)[2]
Rs 3.714 billion (2019)[2]
Total assets Rs 325.369 billion (2019)[2]
Total equity Rs 31.396 billion (2019)[2]
OwnerJohn Keells Holdings (56.76%)
Central Finance Company (20.84%)
Fairfax Financial (15%)
Number of employees
3,151 (2019)[2]
ParentJohn Keells Holdings PLC
Websitewww.nationstrust.com

History

Nations Trust Bank was established in July 1999 when it acquired the Colombo Branch of Overseas Trust Bank Ltd.he oversubscription of the initial public offering (IPO) was a significant highlight of our market entry.

  • Acquisition of Waldock Mackenzie Ltd.
  • Acquisition of Kandy branch of the Standard Chartered Bank
  • Acquisition of the Personal Banking portfolio Deutsche Bank
  • Acquisition of the Commercial Banking Business and Foreign Exchange Business of American Express Bank in Colombo
  • Merger with Mercantile Leasing Company in January 2006

it has 96 branches and 137 ATM machines

References

  1. Our History- Nations Trust Bank
  2. "Nations Trust Bank Annual Report 2019" (PDF). Nations Trust Bank PLC. Nations Trust Bank PLC. 27 February 2020. Retrieved 15 December 2020.


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