NDBIB, Sri Lanka's Best Investment Bank - Euromoney

NDB Investment Bank (NDBIB), which completed a record breaking year in 2015 raising Rs. 60 billion, was awarded 'Sri Lanka's Best Investment Bank 2016' by the Euromoney Magazine.

This marks the fifth consecutive year NDBIB has been bestowed with this award. The award was presented at the Island Shangri-La Hotel in Hong Kong attended by regional and global heavyweights in the banking industry.

CEO of NDBIB, Darshan Perera said, "Being awarded as the best, five times in a row tells that we have been doing something more than being market leaders for equity, debt and M&A transactions. It proves that we have built a culture of excellence and ingrained it in the DNA of our team."

Recruiting the best people, training, retaining and providing continuous challenges to them create a virtuous cycle which automatically brings client satisfaction, successful execution and innovation," he said.

COO, NDBIB, Kaushini Laksumanage said, "This award speaks volumes for the great lengths we go to ensure the highest quality of standards and service that we maintain in all our transactions."

"We take great pride in being recognized by Euromoney for the fifth consecutive year mainly due to our deep and diverse expertise and quest for continuous innovation," she said.

She also reiterated the significance of the achievement amidst volatile market conditions, particularly during a year with two national elections. NDBIB achieved an unassailable 55% share of the debenture market in 2015 and co-managed the largest IPO to take place during the year. The latter raised Rs. 750 million closing on the first day itself.