Merchant Bank of Sri Lanka to support local business enterprises

Friday, 14 October 2011 03:43 -     - {{hitsCtrl.values.hits}}

With a focus on uplifting the business environment of the country through strengthened internal systems and procedures, the Merchant Bank of Sri Lanka (MBSL Bank) is taking advantage of the improved economic climate to provide a wide array of corporate finance activities.

Among these are Project Financing for startup companies, business expansions and business acquisitions catering to all sectors in the economy, restructuring of companies where as a key corporate finance activity , the bank has been involved in many restructuring assignments arising from companies with high borrowings/financial crisis (debt restructuring),corporate restructuring, privatization and mergers/acquisition. Having been nurtured by accredited professionals with long standing industry experience, MBSL has established itself as a frontier in the flourishing local banking industry in Sri Lanka with an unmatched intellectual capital of dynamic and dedicated staff specializing in the areas of Leasing, Corporate Advisory and Capital Markets, and Trade and Project Finance.

Embraced by the parental strength of the Bank of Ceylon, MBSL Bank as an incumbent player has projected immense comfort cum stability to its clientele, while blending with better industry practices. Another area of expertise of the bank is their corporate advisory services that stands out today with an unparallel record of credentials of trust and integrity. The Bank offers services in buy-and-sell financial activities during all phrases of a business transaction, such as pre deal evaluations that involves bidding strategies, transaction structures, valuation and negotiation processes and financial due diligence.

The Trade Finance Unit of the Bank will focus on assisting in services such as Letters of Credit for import requirements of capital equipment, plant and machinery and raw materials and is structured to suit individual business needs that will finance both short and long term loans as well as bill and cheque discounting services. MBSL Bank has also been involved in Capital Market activities since inception and offers a range of services such as: Listing/Initial Public Offering (IPO) of equity and debt, private placements, margin trading and portfolio management. MBSL Bank has acted as Managers to the Issue for several IPOs successfully, and is a registered sponsor with the Colombo Stock Exchange (CSE) and sponsors its client’s applications to the CSE.

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