The Central Bank of Sri Lanka (CBSL) has assured the public that National Development Bank PLC (NDB) remains financially stable, following the recent disclosure of an internal fraud incident.
In a statement issued on Friday, the CBSL said it has been closely monitoring the situation and confirmed that NDB continues to maintain capital and liquidity levels well above the minimum regulatory requirements.
The Central Bank emphasised that the incident has had no impact on customer accounts or deposits, which remain safe and secure.
CBSL further noted that it is maintaining continuous engagement with the bank and other relevant stakeholders to assess developments.
The regulator also affirmed its readiness to take any necessary measures to safeguard the stability of the bank and protect the interests of depositors.
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