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The Bank successfully continued to maintain its leading
and preeminent and attached a high degree of priority to face up to the
unprecedented challenges that have today emerged in the banking sphere. In a
landmark transaction the Bank was able to arrange the largest ever syndicate
loan raised by any Sri Lankan Bank in the International market equivalent to US
Dollars 130 million.The most significant feature of the issue was the attractive
pricing linked to the international financial community on the risk profile of
the Bank and the country. This is the lowest rate ever paid by any Sri Lankan
Bank in raising US $ syndicate loans from the international market. We availed
ourselves of every single opportunity to intensify our existing relationship and
added to the final quality of our service with modern banking technologies.
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