The National Development Bank (NDB) has posted a net profit of P13.1 million for the 2024/25 financial year, marking its second consecutive year of profitability as the state-owned lender positions itself for expansion under a new five-year strategy.
At the launch of its 2025–2030 roadmap, branded Motlhala Wa Pula, Modi wa Isago (Path of Rain, Path of Hope), chief executive Ogone Madisa said the bank aims to evolve into a hybrid institution combining its developmental mandate with stronger commercial banking capabilities.
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