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National Development Bank (NDB) |
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National Development
Bank was established in 1979 in order to finance investment in the
productive sectors of the economy. Close relationships with all important
governmental agencies, local banks and other statutory organisations
engaged help NDB to become the largest single source of medium and
long-term lending in the country.
Over the years, the bank's participation in promoting and implementing
a large number of project of varying sizes and different types of
ownership in different industrial sectors have provided valuable experience
with which NDB can appreciate and understand your requirements, as
well as handle all your project-related matters with efficiency and
speed.
NDB provides specialists to initiate, implement, rehabilitate, develop
and restructure in the following areas.
 Finance
Engineering
Industry
Computer Science
Law
Tax
Other related
disciplines
NDB offers
Merchant Banking
Services
Financial advice
and support at the project formulation and development stage
Advice on project
implementation and operations/restructuring and rehabilitation of
sick industries
Project Restructuring and Rehabilitation
Review technical
financial marketing and management defenses and commissioning consultants/experts
to undertake detailed reviews if necessary.
Proposals for
restructuring
Rehabilitation
and turnaround operations
Supervisory
consultancy
These services are subject to a minimal fee that is negotiable and
varies according to the nature of the assignment
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provides Financial Assistance to the following sectors. |
| 1. |
Food Processing,
Beverages and Tobacco |
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10. |
Planning
and Paper products |
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Textiles |
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11. |
Chemical
and Chemical Products |
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Garments |
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12. |
Agro Industries |
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Metal Products
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13. |
Fisheries |
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Construction
Materials |
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14. |
Animal Husbandry
/ Horticulture Aquarium |
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Rubber Products |
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15. |
Construction
Contracting |
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Wood and
Wood Products |
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16. |
Industrial
Services |
| 8. |
Leather
and Allied Products |
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17. |
Commercial
Transport, Storage and Communications |
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Plastic
Products |
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Basis for granting assistance
The financial, economic and commercial viability of the project is
the primary concern in project appraisal. In addition experience,
integrity and management capabilities of the sponsors, market prospects
for the product and technical feasibility of the projects are also
taken into consideration.
Types of schemes
Financing your business? NDB offers various loan schemes for:
Small & Medium scale enterprises: SMAP, SMILE
Perennial crop development projects: PCDP
Tea small holding sector: TDP (Tea development project)
Support urban/environmental infrastructure: VEIDP
Principal terms
Loan amount: Update 75% ot the project cost subject to the maximum
of Rs. 10 Million. The borrowers should contribute the remainder in
the form of equity.
Payment period: 3 to 10 years
Grace period: maximum 24 months
Security: Mortgage for project
At the NDB head office, you can have your project assets insured.
Eagle insurance, in alliance with NDB and Zurich financial services
group provides insurance policies for LC transactions, leases, loans
or even for employees. Eagle offers insurance for: business premises,
home and constants, machinery and equipment motor vehicles, stock
in trade, legal feasibilities, employees, marine insurance and life
insurance.
NDB is the one-stop financial stop for its customers.
Visit our site:
www.ndb.org |
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