The signing an MOU between NDB Group and DBS Bank signifies an important landmark in the history of the banking industry and capital market in Sri Lanka. DBS Bank, with its regional presence, and NDB Group,
with its unique positioning as a leading total financial solutions provider in Sri Lanka, would create great synergies which would be mutually beneficial to both organizations and their clients.
Sri Lanka, now poised to reap the peace dividend and has already experienced the dawn of an era of rapid economic development. This new era of economic rejuvenation would naturally lead to a significant increase in capital requirements, not only from private sectors but also Government owned entities in the country which would in turn present promising investment opportunities to prospective investors in Sri Lanka. This strategic alliance will help fuel the development phase by drawing from the vast regional network and expertise of DBS bank whilst offering their clients exposure to fast growing economies and diversification benefits.
The main areas that will be covered by this strategic alliance are: Debt Capital Markets, M&A, Syndicated Loans, Project Finance and Equity Capital Markets
DBS has a presence in the main economic nerve centers of Asia which has now become the engine of growth for the world.
Achievements : Largest Equity offering on the CSE - Rs. 8.6 Billion Dialog Axiata PLC.
Achievements : Largest Rights Issue - Rs. 15.55 Billion Dialog Axiata PLC.
Achievements : Largest Preference Share Issue - Rs. 5.0 Billion Rated, Cumulative, Redeemable for Dialog Axiata PLC.
Achievements : Largest Lease securitization in a single tranche - Rs. 1.06 Billion for People's Leasing
Achievements : Largest Utility based securitization - Rs. 1.43 Billion for Ceylon Electricity Board
Achievements : Largest IPO Oversubscription - 344.98 times for Union Bank
Achievements : Largest Funds Subscribed - Rs. 129.37 Billion Union Bank
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