Deutsche Bank marks 45 years of strategic commitment in Sri Lanka

Tuesday, 21 October 2025 05:33 - - {{hitsCtrl.values.hits}}

Deutsche Bank India and Emerging Asia CEO Kaushik Shaparia, German Ambassador to Sri Lanka Dr. Felix Neumann, European Ambassador to Sri Lanka Carmen Moreno, Italian Ambassador to Sri Lanka Damiano Francovigh, Deutsche Bank AG Colombo Branch Chief Country Officer Niranjan C. Figurado along with senior management of Deutsche Bank, Sri Lanka

Deutsche Bank Sri Lanka recently commemorated 45 years of continuous operations in the country, reaffirming its long-standing commitment to the financial ecosystem and its role as a trusted partner in economic development.

Since establishing its presence in 1980, Deutsche Bank has remained the only European bank operating in Sri Lanka, offering a full suite of commercial banking services and connecting clients to Asian, European, and US markets.

Over the decades, Deutsche Bank has built deep relationships with clients across sectors, supporting trade finance, treasury, foreign exchange, and capital market access. Its consistent presence through economic cycles has positioned the bank as a reliable anchor in times of volatility and a strategic enabler during periods of growth.

In June 2025, Deutsche Bank Sri Lanka was recognised as the Best Fund Administrator – Retail Funds for the 11th consecutive year at The Asset Triple A Sustainable Investing Awards. This continued recognition underscores Deutsche Bank Sri Lanka’s market distinction as the only foreign bank in the country to offer custody, fund administration, and trustee services under a single platform. By delivering fully integrated and scalable solutions, the bank provides clients with enhanced operational efficiency and value.

In addition to this marquee win, Deutsche Bank Sri Lanka was also named Best Domestic Custodian, further cementing its position as a trusted provider with deep-rooted expertise in the local market. The bank’s broad capabilities were also acknowledged at The Asset Treasury, Trade, SSC and Risk Management Awards 2024, where it secured wins in the following categories: Best in Treasury and Working Capital (MNCs) and Best Payments and Collections Solution.

Deutsche Bank India and Emerging Asia CEO Kaushik Shaparia said: “We are not just a financial institution—we are a gateway to global expertise, markets, and investment flows. We aim to be more than a provider of finance; we want to be your advisor, your partner in ambition, and a catalyst for solutions that shape a better tomorrow.”

Deutsche Bank AG Colombo Branch Chief Country Officer Niranjan C. Figurado said: “We don’t just provide finance and services—we aim to be your advisor. We want to understand your ambitions and challenges and work together to find solutions that will lead your company to a better future. Our 45-year journey in Sri Lanka is a testament to our enduring commitment and partnership.”

German Ambassador to Sri Lanka Dr. Felix Neumann added: “Deutsche Bank’s 45-year presence is a testament to the enduring partnership between Germany and Sri Lanka. As the only continental European bank in the market, Deutsche Bank exemplifies trust, innovation, and sustainability. Germany stands as a steady and reliable partner, and I am confident that this relationship will continue to thrive in a reformed Sri Lanka with modern governance and transparency.”