Deutsche Bank in Sri Lanka: A conversation on strategy, commitment, and growth

Germany's multinational financial services giant Deutsche Bank Group's India and Emerging Asia CEO Kaushik Shaparia was in Sri Lanka recently and met up with the Daily FT for an exclusive interview. Following are excerpts of the interview in which Shaparia recaps the role of Deutsche Bank in Sri Lanka as it marks 45 years of operations this year and reiterates commitment to further strengthen its role in Sri Lanka as well as in emerging Asia. Deutsche Bank Sri Lanka CCO Niranjan Figurado was also present during the interview.

- By NistHar Cassim

Deutsche Bank Group India and Emerging Asia CEO Kaushik Shaparia

(Pic by Sameera Wijesinghe)

Deutsche Bank has a longstanding presence in Sri Lanka. Could you tell us about your history in the country and how your role has evolved over time?

Certainly. Deutsche Bank has had a deep and enduring relationship with Sri Lanka for over four decades. We first established our presence in 1980 and have since been an integral part of the country’s financial ecosystem. Over the years, our focus has been on supporting Sri Lanka’s growth through our strengths in corporate and investment banking, trade finance, and global markets. Even through periods of volatility, including the recent economic challenges, Deutsche Bank has remained committed to the market. We view Sri Lanka as an important partner, not only in the South Asian context but also as part of our broader Asia-Pacific strategy.

What differentiates Deutsche Bank’s operations in Sri Lanka from other international players?

Our differentiation comes from two core elements — consistency and capability. We have maintained an uninterrupted presence in Sri Lanka for over 40 years, which is rare among global banks. This continuity has enabled us to build deep client relationships, understand the regulatory environment, and provide stable, long-term support to our clients. Additionally, Deutsche Bank combines global expertise with local execution. We bring in the strength of our international network while tailoring solutions to meet Sri Lankan clients’ needs, whether it’s around trade financing, foreign currency, risk management, or capital market access.

Sri Lanka has gone through a challenging period economically. How did Deutsche Bank navigate the crisis and support the country during that time?