Tag : NDB

New Development Bank sells rand-denominated bonds for first time, expert hails move

IFM CorrespondentAugust 28, 2023August 28, 2023

by IFM CorrespondentAugust 28, 2023August 28, 2023

In August 2023, the New Development Bank reportedly issued both R1 billion five-year bond and R500 million three-year note, as the auction attracted R2.67 billion in bids...

Banking

NDBIB dominates investment banking space in Sri Lanka

International Finance DeskJuly 27, 2014

by International Finance DeskJuly 27, 2014

The company has managed several successful public offerings, including the largest ever equity issue on the Colombo bourse August 27, 2014: NDB Investment Bank (NDBIB) has implemented innovative debt and equity tactics in local capital markets for over a decade. The company was established in 1997 as Citi National Investment Bank, a joint venture between...