The official signing of the Memorandum of Understanding (MOU) took place at NDB Bank Head Office, marking the beginning of a collaboration that promises to support aspiring students with a seamless and financially accessible path to study abroad.
Signing on behalf of NDB were Mr. Sanjaya Perera, Senior Vice President – Personal Banking & Customer Experience, and Mr. Zeyan Hameed, Vice President – Retail Banking, while Mr. Ayodhya Kodagoda, Managing Director of VXL Education, and Mr. Nihal Kodagoda, Director/CFO, represented the education consultancy at the event.
With an extensive global presence and a 97% visa success rate, VXL Education has helped over 2,000 students navigate their international education journeys, offering end-to-end services from university selection and visa processing to onshore support and accommodation.
Their partnerships span across destinations including Australia, the UK, Canada, Germany, the USA, and beyond.
Through this partnership, NDB Bank will offer a suite of tailored financial solutions that complement VXL Education’s student support framework.
This includes education loan offerings, student file facilities, and foreign remittance support, ensuring that families have access to the resources they need when preparing for overseas education.
Commenting on the partnership, Sanjaya Perera noted,
“At NDB, we are committed to empowering the aspirations of our younger generation.
Partnering with a globally respected brand like VXL Education enables us to strengthen our support to students and families who are embarking on life-changing academic journeys.
We are proud to be a part of their future.”
This collaboration aligns with NDB’s broader purpose of being a trusted partner in every moment that matters, whether it’s financial planning, education, entrepreneurship, or global mobility.
By supporting education abroad through responsible and flexible financing, NDB Bank continues to position itself as a catalyst for personal growth and national development.
NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri Lanka's Best Bank for Corporates at Euromoney Awards for Excellence 2024 and was awarded Domestic Retail Bank of the Year - Sri Lanka and Sri Lanka Domestic Project Finance Bank of the Year by Asian Banking and Finance Magazine (Singapore) Awards 2024.
NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group.
The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.