The IT department at Nations Trust Bank PLC gained recognition by winning the Gold Award in the In House Applications Category at the National Best Quality Software Awards (NBQSA) competition, at glamorous event that was held recently at the Water's Edge Grand Ballroom, amidst a distinguished gathering of the country's top corporate and software development companies.

The Awards ceremony is a much looked forward to event amidst the IT fraternity and is an annual ceremony organized by the British Computer Society Sri Lanka (BCSSL) Section. The competition serves to showcase and benchmark Sri Lankan ICT products, which fulfills a much needed requirement of the software industry in this highly competitive globalized economic structure. The competition has been conducted by the BCS Sri Lanka Section since 1998 to recognize and honour significant technological developments in the software industry.

Commenting on the award won by the Bank, Chief Information Officer Lasith Nanayakkara said, "We are delighted in being recognized for the iApply V2 Module which was developed by our in-house development team." He further added, "The iApply V2 comprises of a three tier web based application with different areas for lodging of Personal Loan and Credit Card application and for the Credit Operations Department of the bank to manage the application processing. The iApply was launched in year 2004 and has undergone interim modifications to support the dynamic requirements of the Business. Then review in year 2008. The module is essentially used by the Credit Operations Department of the bank, to process Credit Card and Loan applications"

The Bank realigned its strategic focus in 2008 to simplify banking and maximize customer convenience. In keeping with this strategy, the Bank has realigned its systems and procedures to ensure that it allows for speed and flexibility, along with simplicity and convenience.