Talk:DFCC Bank

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DFCC Bank PLC
Company typePublic
ISINLK0055N00000
Industry
Founded1955; 71 years ago (1955)
Headquarters,
Sri Lanka
Number of locations
133 Branches
Key people
  • J. Durairatnam (Chairman)
  • N. H. Thimal. I. Perera (Director/CEO)
Products
  • Personal banking
  • Cards
  • DFCC Pinnacle
  • Corporate banking
  • Business banking
  • International
  • Remittance
RevenueDecrease LKR 90.156 billion. (16%) (2024)
Increase LKR 35.39 billion. Growth (30%) (2024)
Increase LKR 9.93 billion. Growth (15%) (2024)
Total assetsIncrease LKR 709 billion. Growth (10%) (2024)
Total equityIncrease LKR 89.84 billion. Growth (24%) (2024)
Owners
Number of employees
2,439 (2024)
Subsidiaries
  • DFCC Consulting (Pvt) Limited
  • Lanka Industrial Estates Limited
  • Synapsys Limited
  • National Asset Management Limited
RatingFitch Rating A (lka)
Websitewww.dfcc.lk
Footnotes / references
[1]
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Overview

DFCC Bank PLC is a licensed commercial and development bank in Sri Lanka. It originated as one of the country’s early development finance institution and currently provides retail, small and medium enterprise (SME), and corporate banking services. The bank continues to engage in development-oriented lending, including financing in sectors such as renewable energy, infrastructure, and agriculture. Alongside this, it serves individual, SME, and corporate customers across Sri Lanka.

DFCC Bank operates a network of branches nationwide and provides access to automated teller machines through the LankaPay network. Its services include online and mobile banking platforms, self-service banking channels, remittance services, and wealth management offerings provided through DFCC Pinnacle.

In addition to commercial banking activities, DFCC Bank functions as a financial services group with operations in areas such as investment banking, asset management, and information technology services, conducted through subsidiaries and partnerships.[2]

History

DFCC Bank was established in 1955 under an Act of Parliament as Sri Lanka’s first dedicated development finance institution, with support from the Government of Sri Lanka and the World Bank. [3]

In subsequent decades, the institution supported private sector development, including financing for small and medium-sized enterprises. A dedicated SME unit was established in 1978, followed by regional expansion during the 1980s aimed at increasing access to financial services. [4]

In 2015, DFCC Bank became a fully licensed commercial bank following the amalgamation of its subsidiary, DFCC Vardhana Bank PLC, with the parent entity. This resulted in the consolidation of its development banking operations with retail, SME, and corporate banking services. [5]

Awards and recognition

LankaPay Technnovation Awards 2025

At the LankaPay Technnovation Awards 2025, DFCC Bank received several awards related to digital banking and payment services. These included Gold awards in the categories “Bank of the Year for Excellence in Customer Convenience” and “Bank of the Year for Financial Inclusivity”, as well as Merit awards for “Overall Excellence in Digital Payments” and “Best Common ATM Enabler of the Year”. [6]

VISA Commercial Solutions Excellence Award 2025

In 2025, DFCC Bank received the VISA Commercial Solutions Excellence Award at the VISA Leadership Conclave, which was awarded for achieving the highest quarter-on-quarter growth in corporate card issuance. [7]

Best Corporate Citizen Sustainability Project Awards 2025

DFCC Bank was recognised at the Best Corporate Citizen Sustainability Project Awards 2025 for its “DFCC Green Bond – Pioneering Green Finance in Sri Lanka” initiative, which relates to financing renewable energy projects. [8]

References

Annual report 2025

Semi-protected edit request on 6 April 2026

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Semi-protected edit request on 7 April 2026

Semi-protected edit request on 7 April 2026 (2)

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