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ECONOMIC RESPONSIBILITY

DFCC Bank PLC has for 60 years, directly and indirectly contributed to the economic development of the country at a national, provincial and local community level. Being a net transferor of financial resources, especially in the provincial areas, the Bank has helped to transform rural economies, support and bolster livelihoods, generate employment and encourage capital formation in every district in Sri Lanka.

Over the years, the Bank has pioneered the financing of new economic sectors in the country which are now mainstream businesses. One of the earliest examples is when DFCC financed Sri Lanka’s first beach hotel in the 1960’s. This set the stage for the many hotel projects that followed suit and helped develop the tourism sector in the nation, which today, is a thriving industry. The Bank also pioneered several other industries in the private sector namely apparel, aquaculture, ceramics, horticulture and renewable energy. DFCC also provides advisory services and has catalysed the transformation of organisations, both locally and internationally.

Looking at the present, DFCC continues to be a pioneer and is committed to driving financial inclusivity particularly in the rural and economically depressed areas. In this context, the reach of DFCC Bank’s network in relation to the contribution of each province to national GDP indicates a high concentration of DFCC’s service centre’s in the lower GDP ranked areas.

These achievements indicate our long term commitment and significant contribution to sector development and economic development of the country. We remain committed to rural economic development through providing loan, savings and investment products and other services that will stimulate capital formation and employment creation.