Backed by the strength of the Bank of Ceylon, Merchant Bank of Sri Lanka (MBSL) has grown in stature to be regarded today as a key player in corporate finance and advisory services, providing stability and much needed financial capital to Sri Lanka’s corporate sector.
Guided by a cadre of consummate banking professionals with a wealth of experience, MBSL has established itself as a frontrunner within banking circles. The bank’s cumulative intellectual capital of qualified and experienced professionals has propelled the bank to offer specialist services in corporate advisory services as well as capital markets and trade and project finance.
Among these services, MBSL counts its corporate advisory service as being a key component to its continued success. The financial services organisation’s unblemished record of trust and integrity stand testament to MBSL’s success in this area. Within the scope of its advisory service MBSL offers comprehensive advisory during all business transactions, including pre-deal evaluation, which involves bidding strategies, transaction structures, and valuation and negotiation.
Other components within this advisory service include but are not limited to financial restructuring, where the bank assesses key issues faced by the business, evaluates and determines the primary assumptions for the transaction(s), as well as sale assistance.
This comprehensive and thorough service encompasses all activities from the pre-sale stage up to and including post-sale closing, a spokesperson for the bank says.
MBSL is also a leader in finance for start-up ventures, business expansion and acquisitions across the board. The bank’s financial acumen and strength also lie in restructuring advisory services, where the bank excels. Other services within this scope of activity include advisory services on privatisation of state entities, as well as large-scale mergers and acquisitions.
MBSL also provides financial and management expertise and a well-geared team of professionals who are ready to deliver a host of services to start-up ventures as well as new businesses through the provision of formulating business plans, conducting feasibility studies on the viability of proposed ventures and in the preparation of proposals.
To its immense credit, MBSL was recently instrumental in assisting a noted public utilities company in restructuring its business processes and practices and identifying revenue dropouts, resulting in minimised overheads, improved sales through the identification of viable projects that “contributed positively to the bottom line”.
MBSL also deserves praise for its restructuring of a loss-making air carrier, whereby the bank’s assistance and advisory services has resulted in a complete turnaround of the venture to make it a profitable enterprise today.
Elaborating on the bank’s continued focus on assisting Sri Lankan businesses to grow and contribute to the growth of the economy, a spokesperson for the bank said: “MBSL has and will continue to leverage on its core competencies to provide the best in services to small, medium and large corporate in Sri Lanka. We will continue to assist these key players of our economy to grow and enrich the economic landscape of our country”.
Thu, May 23, 2013