November 09, 2024
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    Sri Lanka's Capital Market draws interest of Japan's Daiwa Securities

    May 22, 2014

    On the initiation of the Embassy of Sri Lanka in Tokyo, the senior management of Daiwa Securities visited Sri Lanka in order to assess and to benchmark the viability of the debt market of Sri Lanka.

    Ambassador Admiral Wasantha Karannagoda explained the structure of the economy and capital market of Sri Lanka to Daiwa Securities Managing Director Yutaka Yokoyama and Daiwa Securities Head of Capital Markets Kenichi Kanda. Deputy Chief of Mission Saj Mendis and Commercial Counsellor D. Premaratne from the Embassy and Daiwa Securities Head of Debt Capital Markets Kenichi Kanda  were present.

     

    Daiwa Securities is the second largest securities brokerage and investment bank in Japan and among the 10 largest in the world with over $ 560 billion assets under management.

     

    The Daiwa Securities offers retail services to institutional investors and investment banking services to clients and corporates in Asia, Europe and North America. It also provides advisory services on mergers and acquisitions, global asset management and private equity funds, among others.

     

    The senior management of Daiwa Securities during their visit to Colombo also called on the Governor of the Central Bank of Sri Lanka, Chairman of Securities and Exchange Commission and other related senior officials in Sri Lanka. (KH/SI)

     

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