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DFCC Bank profit after tax up 34-pct in 2017 amid tight margins

3h lankabusinessonline
DFCC Bank continued to demonstrate positive momentum across businesses in 2017 as a rapidly growing commercial bank completing its second year after the amalgamation.

Fitch affirms 9 Sri Lankan banks: Revises DFCC outlook to Stable

2017-12-22 lankabusinessonline
Dec 22, 2017 (LBO) – Fitch Ratings has revised the Outlook on DFCC Bank Plc (DFCC) to Stable from Negative.

LVL Energy Fund announces Rs.1.2bn IPO to fund expansions

Leading energy company and a subsidiary of Lanka Ventures, the LVL Energy Fund, Limited officially announced a Rs.1.2 billion Initial Public Offering (IPO) yesterday to fund its strategic expansion and growth in the renewable energy sector.

DFCC Bank launches “Premier Go”- first ever premier banking interactive app

2017-11-10 lankabusinessonline
DFCC Bank PLC launched “DFCC Premier Go”, the first ever premier banking app in the industry, exclusively for its Premier customers, at a special launch event held on November 2, 2017 at DFCC Bank’s Executive Lounge.

DFCC Bank reports strong 3Q amidst successful expansion drive

2017-11-07 lankabusinessonline
DFCC Bank continued to demonstrate positive momentum across business in the 3rd quarter of 2017 as a rapidly emerging full service commercial bank.

Thimal Perera appointed as new Deputy CEO of DFCC Bank

2017-08-16 lankabusinessonline
DFCC Bank PLC announced the appointment of Thimal Perera as the Bank’s new Deputy CEO, with effect from 16 August 2017.

Proparco (AFD) grants €20mn loan to DFCC to promote alternate energy, SME

2017-08-11 lankabusinessonline
Reaffirming its credentials as a preferred partner for international credit lines, DFCC Bank has been granted a long term loan of €20 million by Proparco, a subsidiary of Agence Française de Développement (AFD). This organisation is devoted to private sector financing, to finance renewable energy projects and improve access to credit for Small and Medium Enterprises (SMEs) in Sri Lanka. DFCC Bank has decades of experience in promoting development finance amongst the SME sector in the country, with an established record of a successful foray into the renewable energy sector.

DFCC introduces Oracle budgeting cloud service, 1st time in ASEAN region

2017-06-12 lankabusinessonline
Arulmoly Kanagasabapathy – Senior Manager, Customer Success, Oracle SaaS Applications, South Asia Growth Economies, Manish Asthana – Director Customer Success, Oracle SaaS Applications, Asean, Dinesh Fernandopulle – CEO, SYNAPSYS LTD, Chandita Samaranayake – Director Oracle Applications, South Asia Growth Economies, Royle Jansz – Chairman, DFCC Bank, Lakshman Silva – Deputy CEO, DFCC Bank, Sajith Cooray – Senior Manager - Business Consulting, SYNAPSYS LTD

DFCC sells stake in Commercial Bank to subscribe for rights issue

2017-05-25 lankabusinessonline
May 25, 2017 (LBO) – Sri Lanka’s DFCC Bank Wednesday sold 1.18 percent of the issued voting shares in Commercial Bank, the bank said in a stock exchange filing.

DFCC Bank takes banking to customers’ doorstep with Mobile Teller

2017-04-27 lankabusinessonline
Sustaining its momentum to offer technology-backed convenience to customers, DFCC Bank re-launches “Mobile Teller” a digital banking service owned and operated by DFCC Bank and developed by SYNAPSYS. This doorstep banking service is offered by a staff representative, who accepts real time cash deposits via a mobile device. This offers customers the option of completing cash deposits at their preferred location provided it’s within a 10 km radius from the branch that offers the service.

EPF Scam: Central Bank Governor Accused Of Pussyfooting

2017-03-28 colombotelegraph
The Central Bank’s stance on the accused perpetrators of the Employees Provident Fund (EPF) scam is been severely criticized by Central Bank whistleblowers.

EPF Scam Caused A Loss Of Rs. 9.5 Billion; Governor Indrajit Protects Scammers

2017-03-26 colombotelegraph
The total loss to EPF due to its shoddy deals with Perpetual Treasuries is Rs 9.5 Billion and it is now being hidden from the public, Central Bank sources told Colombo Telegraph.

Sri Lanka’s DFCC Bank receives ISO 27001:2013 certification

2017-03-06 lankabusinessonline
DFCC Bank was recently awarded the ISO 27001:2013 certification in recognition of implementing the best practices in legal, physical and technical control for information security management. The certificate was awarded to Palitha Gamage, Chief Risk Officer – DFCC Bank by Shan Nanayakkara, General Manager – Bureau Veritas Sri Lanka, at the awarding ceremony held at the DFCC Bank Auditorium recently.

AIA Group's (AAIGF) CEO Mark Edward Tucker on Q4 2016 Results - Earnings Call Transcript

2017-02-24 seekingalpha
Okay. Good morning, everyone, and let’s begin. A very warm welcome to our full year results presentation. Our continued strong operating performance and financially disciplined execution have led to another excellent set of results and our most successful year yet. Let me take you through the highlights.

DFCC partners with AIA to offer new Bancassurance solutions

2017-02-17 lankabusinessonline
DFCC CEO Arjun Fernando and AIA CEO Pankaj Banerjee after the signing of the partnership agreement