Organisational Overview
About DFCC Bank PLC
DFCC Bank PLC, originally established in 1955 as a Development Finance Institution on the recommendation of the World Bank, is one of the oldest development banks in Asia. The Bank is renowned for its project financing and SME financing expertise and has pioneered many
new industries.
DFCC Bank and its 99% owned subsidiary, DFCC Vardhana Bank, amalgamated in October 2015. Today, DFCC Bank is a fully-fledged Licensed Commercial Bank offering the full gamut of development banking and commercial banking products and services.
DFCC Bank is rated AA-(lka) by Fitch Ratings
(Lanka) Limited.
Group Structure
|
|
Subsidiary company |
|
|
Subsidiary company |
|
|
Subsidiary company |
|
Joint venture |
|
Associate company |
|
Name |
|
DFCC Consulting (Pvt) Limited |
|
Lanka Industrial Estates Limited |
|
Synapsys Limited |
|
Acuity Partners (Pvt) Limited |
|
National Asset Management Limited |
|
Address |
|
73/5 Galle Road,
Colombo 3 |
|
LINDEL Industrial Estate, Pattiwila Road, Sapugaskanda, Makola |
|
540, Nawala Road,
Rajagiriya |
|
53, Dharmapala Mawatha, Colombo 3 |
|
7, Glen Aber Place,
Colombo 3 |
|
Phone Nos. |
|
+94 11 2442442 |
|
+94 11 2400318, +94 11 2400319,
+94 11 2400320, +94 11 2400532 |
|
+94 11 2880702 |
|
+94 11 2206206 |
|
+94 11 2445911 |
|
Email |
|
info@dfccbank.com |
|
lindel@itmin.net |
|
contactus@synapsys.sg |
|
info@acuity.lk |
|
info@namal.lk |
|
Incorporated |
|
9 September 2004 |
|
12 March 1992 |
|
11 October 2006 |
|
7 February 2008 |
|
28 September 1990 |
|
DFCC’s Interest (%) |
|
100 |
|
51.15 |
|
100 |
|
50 |
|
30 |
|
Principal Activity |
|
Consultancy |
|
Operating an industrial estate |
|
Information technology services and IT enabled services |
|
Investment banking and related activities such as corporate finance, debt structuring and IPOs |
|
Licensed unit trust and investment management |
|
Directors |
|
L H A L Silva – Chairman
S E de Silva (deceased 5 January 2018)
T W de Silva |
|
L H A L Silva – Chairman
H A Samarakoon – CEO
Mrs G M I U Bandara
T W de Silva
Dr R M K Ratnayake
A D Tudawe |
|
L H A L Silva – Chairman
D J P Fernandopulle – CEO
K P Cooray
G S Dewaraja
T W de Silva
N H T I Perera
Ms R A P Withana |
|
A J Alles – Chairman
M R Abeywardena – CEO
T W de Silva
R Dissanayake
D A B Ellepola
D Pallewatte
L H A L Silva |
|
A Lovell – Chairman
H A Herat – CEO
Ms K S Bee
W Dambawinne
T W de Silva
P Gamage
S Madanayake
M Samaratunga
I Wickramasinghe |
|
Financial Year |
|
2017 |
2016 |
|
2017/18 |
2016/17 |
|
2017 |
2016 |
|
2017 |
2016 |
|
2017 |
2016 |
|
Financial Year-End |
|
31 December |
31 December |
|
31 March |
31 March |
|
31 December |
31 December |
|
31 December |
31 December |
|
31 December |
31 December |
|
Profit/(Loss) after Tax (LKR million) |
|
1.7 |
(2.6) |
|
146 |
111 |
|
10.2 |
19.6 |
|
565
(Before MI)*
351
(After MI)* |
535
(Before MI)*
299
(After MI)* |
|
31 |
39 |
|
Dividend per Share (LKR) |
|
N/A |
1.07 |
|
7.00 |
6.00 |
|
Nil |
Nil |
|
0.44 |
0.4 |
|
2.50 |
3.50 |
|
ROE (%)** |
|
8 |
N/A |
|
26 |
21 |
|
N/A |
N/A |
|
10.44 |
10.1 |
|
14.25 |
18 |
|
* Minority Interest
** Annualised
Reach
DFCC Bank delivers its services island-wide through 102 branches and 36 service points at Sri Lanka Postal outlets. Customers also have access to over 3,600 ATMs across the country via any LankaPay ATM network. DFCC Bank also provides Internet and Virtual Banking services through innovative digital technology.
Portfolio
DFCC Bank’s primary lines of business are Corporate Banking, Branch and SME Banking, Micro, Small and Medium Enterprises, Business Banking, Consumer Banking, Premier Banking, Treasury, Institutional Banking and International Banking.