Sri Lanka key to Deutsche Bank success in Asia

Deutsche Bank said this week that its strong business in Sri Lanka contributed to the Bank being awarded Best Cash Management House Asia and Best Debt House Asia by respected capital markets publication, Euromoney, in its recent Awards for Excellence.

The success in winning cash management business in Sri Lanka for entities such as the International Air Transport Association (IATA) were highlighted in Deutsche Bank’s pitches for these awards, according to a bank statement.

Stefan Mahrdt, Chief Country Officer of Deutsche Bank Sri Lanka, said the Euromoney regional awards are well recognized by industry players and clients alike and that Sri Lanka has been a major factor in Deutsche Bank’s growth in Asia.