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NDB Investment Bank Limited (NDBIB) secured the accolade of ‘Best Investment Bank in Sri Lanka’ by the prestigious Asiamoney Magazine, for the seventh consecutive time. Despite the unprecedented socio-economic events in 2022 and a gruelling macro-economic environment characterized by rampant inflation and contractionary monetary policy measures, NDBIB was able to deliver on its promise of...

NDB Investment Bank made inroads into the African Region by acting as the exclusive Financial Advisor and Manager to the recently concluded transaction of Hela Apparel Holdings PLC. NDBIB arranged a USD 14 Mn fund raising via Norfund directly to Hela’s investment holding company earmarked for its operations in the African Region. The funds raised...

Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa. NDB Investment Bank Limited acted as the Financial Advisor for the transaction. The […]

Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa

Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries