Merit award winner - (Mawbima)media | best web awards | | Last updated three minutes ago


NDBIB shines at Euromoney Awards for Excellence 2013

NDB Investment Bank (NDBIB) was adjudged the 'Best Investment Bank in Sri Lanka' at the Awards for Excellence 2013 by Euromoney, the world's premier financial markets magazine, for the second consecutive year. The award was presented to NDBIB CEO, Darshan Perera and COO, Kaushini Laksumanage, by Euromoney Magazine Editor, Clive Horwood, and the magazine's Asia Editor, Anuj Gangahar at the Euromoney Awards for Excellence 2013 - Asia ceremony, a gala event hosted by Euromoney held on 18 July 2013, at The Conrad in Hong Kong. The ceremony was attended by distinctive guests including top executives of global banks and financial powerhouses operating in the Asian Region.

Ceylontoday, 2013-07-30 02:00:00
Read 248 Times

NDBIB shines at Euromoney Awards for Excellence 2013

NDB Investment Bank (NDBIB) was adjudged the 'Best Investment Bank in Sri Lanka' at the Awards for Excellence 2013 by Euromoney, the world's premier financial markets magazine, for the second consecutive year. The award was presented to NDBIB CEO, Darshan Perera and COO, Kaushini Laksumanage, by Euromoney Magazine Editor, Clive Horwood, and the magazine's Asia Editor, Anuj Gangahar at the Euromoney Awards for Excellence 2013 - Asia ceremony, a gala event hosted by Euromoney held on 18 July 2013, at The Conrad in Hong Kong. The ceremony was attended by distinctive guests including top executives of global banks and financial powerhouses operating in the Asian Region.

Having made history in 2012 as the first investment bank......in the country to have received an international accolade, NDBIB’s dominance in the Sri Lankan investment banking sphere was further established with the receipt of this award for the second consecutive year. The company’s success and its leadership position in the capital markets were amply demonstrated with its dominance in both debt and equity fund raising transactions throughout the year, where NDBIB raised a total of approximately Rs 20 billion for its clients. The award speaks volumes for the high level of excellence demonstrated by the company and the benchmark it has set for its peers.

NDBIB CEO, Darshan Perera, commenting on the award stated, “While we were elated when NDBIB won this award for the first time in 2012, creating history in Sri Lanka, we are even more delighted today that we have been able to maintain our high level of excellence to secure the award for the second consecutive year.This achievement reinvigorates our quest to take the local investment banking industry to global standards”. Commenting on the award, Kaushini Laksumanage, NDBIB COO stated, “We are delighted and honoured to have been awarded as the ‘Best Investment Bank in Sri Lanka’ by Euromoney for the second consecutive year. This award will further spur our quest for excellence and innovation. We intend to continue introducing pioneering products to cater to the diverse needs of our valued clients.”

NDBIB’s track record of providing pioneering financial solutions was further evidenced throughout 2012, with the successful execution of numerous landmark transactions. Its dominance in the local investment banking sphere was demonstrated by managing two of the three IPOs to be opened during 2012 with a market share of 88% of the funds raised, advising on three large M&A transactions and involving in numerous valuation, restructuring and other advisory transactions. NDBIB acted as the financial adviser to NDB Capital Holdings PLC during the divestiture of its shareholding in the insurance business to AIA Group Limited in Hong Kong, in what was a landmark M&A transaction to take place in Sri Lanka in 2012.

The company also cemented its leadership as a debt house by raising approximately Rs 14 billion in debt instruments notwithstanding the high interest rate regime and credit ceilings that prevailed in the country. A key highlight was the structuring and placement of the largest securitization of future credit and debit card receivables in Sri Lanka on behalf of a leading FMCG client of NDBIB. The launch of Sri Lanka’s only family of fixed income indices for government securities, co-branded with CRISIL of India, fulfilled a long-felt need for performance measurement in our debt capital markets and demonstrated the company’s foresight and commitment to capital market development.

Ceylon FT

Ceylon Finance Today: The Government is currently probing the transaction of the Central Bank's investments Employees Provident Fund in the Colombo Stock Exchange.
ADMO Solar, a leader in advanced energy technology, initiated a partnership with Sri Lanka Telecom, facilitating special packages and services related to solar
The Institute of Personnel Management (IPM) Sri Lanka - the pioneer and leader in Human Resources Management in the country was invited to share their insights
The first-ever official joint meet between Vietnam and Sri Lanka to be held in Colombo since the historic official trade linkages in Hanoi opened in August 2014,

Focus

Former President Mahinda Rajapaksa, sending a message to the rally held in Ratnapura on Thursday said that even though he was defeated at the presidential election,
"The turtles do not eat salad, they eat seaweed," said Nimal a thin, ageing old man, carrying a bag of seaweed to an equally ageing Russian tourist, wearing a swimsuit
Over 25 per cent of the world's workers are Indian, and 300 million young people are in the pipeline to enter the labour force by 2025. India's population, with
Icome now to what seems a contentious issue, unnecessarily so. The manifesto on which the President won the election clearly pledged that 'An all party committee