NDB Capital Scholarship Programme marks 4th year

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By 2017-11-20

The National Development Bank (NDB) Capital Scholarship Trust recently celebrated the completion of four years of its scholarship programme with its Annual Scholarship Awards Ceremony 2017, to recognize students who displayed exemplary achievements in their fields of study, a press release stated.

The awardees were selected from diverse backgrounds such as engineering, medicine, law and management studies, following undergraduate programmes at the University of Moratuwa, University of Sri Jayewardenepura and the University of Colombo, the release added. Scholarships were awarded based on a combination of factors, including financial need, academic excellence, extracurricular activities and contributions to society. Since the commencement of the awards in 2014, the Trust has bestowed 42 scholarships worth more than Rs 12 million.

NDB Capital Holdings Limited (NCAP) CEO and Trust Chairman Vajira Kulatilaka, while delivering the welcome note at the Scholarship Awards Ceremony said, "All of you are talented and ambitious students and you have achieved all these with many difficulties in your life. The NDB Capital Scholarship Trust is a due reward for your accomplishments, determination and persistence. We believe the funds given through this programme can make a difference and change lives. I request you to not only advance your education but also expand your opportunities and abilities with the support of the career development programmes offered by the Trust."
NDB PLC CEO Dimantha Seneviratne said, "NDB Group is quite unique in its mission in helping Sri Lankan communities, including the university students. I am confident that this programme has made a significant impact on university students and their education. Sri Lankan universities have produced many talented professionals and we see their achievements every day and I think that is something we need to be proud of.

I believe that this scholarship will help these young deserving students to succeed both personally and professionally and they will, in turn, assist their own communities and industries to serve and help bridge the gaps."

Funded by NCAP, the Trust is one of the largest Corporate Social Responsibility initiatives of NCAP, which is considered to be a prestigious and competitive scholarship among university students. The Trust was established in 2013 with the intention of contributing to the country's education system by providing assistance to those who deserve it most. In addition to providing financial grants, the Trust also provides career counselling, internships, leadership training programmes and the guidance required to address job market challenges. The career guidance programme for the awardees differentiates the scholarship awarded by NCAP from the pure financial assistance generally awarded through scholarships. The Trust intends to expand the offering of scholarships to other Sri Lankan universities in the future, covering a higher number of students. The Company believes that the investment in the education of the younger generation will provide both short and long term returns towards the country's social and economic development. NDB Capital Holdings Limited is a subsidiary of National Development Bank PLC. The NDB group is one of the largest financial conglomerates in Sri Lanka offering a full range of banking services through a branch network of 107 touch points, private wealth management services, stock broking, investment banking and corporate advisory, the release concluded.

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