NDB Investment Bank wins Euromoney Award for the 13th consecutive year
View(s):NDB Investment Bank (NDBIB) has once again been recognised as the “Best Investment Bank in Sri Lanka” by Euromoney Magazine at the Euromoney Awards for Excellence 2024.
This milestone marks the 13th consecutive year NDBIB has been honoured with this prestigious award, reaffirming the company’s sustained excellence and undisputed leadership in Sri Lanka’s investment banking landscape. NDBIB remains the only investment bank in Sri Lanka to have secured this award despite an increasingly competitive environment, the investment bank said in a media release.
Expressing his views, NDBIB’s Chief Executive Officer, Darshan Perera stated, “Throughout the years, our unwavering commitment to delivering the highest standards of service and innovation has set us apart as the leading investment bank in Sri Lanka. This award is a testament to the hard work, resilience and strategic acumen of our team, demonstrated even in the height of macroeconomic and political volatility.”
NDBIB is in the forefront of structuring, placing and executing equity and debt capital market transactions (i.e. Initial Public Offerings, Private Placements, Mergers and Acquisitions, Debentures and Other Debt and Equity Products) and facilitating other Corporate Advisory assignments.
Chief Operating Officer of NDBIB, Kaushini Laksumanage commented, “This recognition highlights our adeptness at navigating our key challenges through strategic foresight and innovation. As we continue to expand our cross-border collaborations and partnerships, we remain dedicated to enhancing our regional presence on top of our recent achievements.”
In 2023, NDBIB made its debut in the African region as the exclusive financial advisor to Hela Apparel Holdings PLC, successfully arranging a debt fundraising of US$14 millonn via Norfund (Norwegian Investment Fund for Developing Countries), for the Group’s East African operations.
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