DFCC Bank Wins Euromoney Cash Management – Market Leader Award for 3rd Consecutive Year
November 7, 2023
In the fast-paced world of finance, recognition for excellence is not easily attained. It requires innovation, unwavering dedication to customers, a transformative impact on businesses, strong values, and a commitment to a bright future. DFCC Bank’s iConnect Cash Management Solution, embodying all these attributes, has once again proved its mettle by securing the prestigious Euromoney Cash Management – Market Leader Award 2023 for a 3rd consecutive year. This remarkable achievement reaffirms DFCC Bank’s position as a pioneer in innovative, service-oriented, and customer-centric financial solutions, empowering businesses to thrive in today’s dynamic economic landscape.
The DFCC iConnect electronic banking platform stands out for its commitment to innovation, continuously leveraging innovative technology to provide secure, efficient, and tailored digital payments and cash management solutions. DFCC iConnect is well known for constantly and consistently introducing innovative technologies that not only streamline transactions but also enhance the overall customer experience, placing DFCC Bank at the forefront of digital finance for businesses.
Expressing his pleasure, the CEO of DFCC Bank, Thimal Perera commented, “Receiving the Euromoney Cash Management – Market Leader Award for a 3rd consecutive year is an outstanding achievement demonstrating our commitment to excellence and innovation and reaffirming our position as the market leader. We look forward to setting even higher standards and continuing to provide exceptional financial solutions to our valued customers. Always looking beyond simply offering service and towards building trusted and lasting partnerships, our customer-centric approach has made us the trusted choice for businesses of all sizes. While we thank our customers for trusting us, we reaffirm our commitment to remaining at the forefront of digital finance in Sri Lanka.”
DFCC iConnect has had a transformative effect on businesses in Sri Lanka, optimising financial operations, enhancing efficiency, and streamlining processes, reducing the need for manual intervention. Its adaptability and agility in an ever-evolving financial landscape have rendered it the undeniable market leader in the space, driving and inspiring change and innovation across the industry. DFCC iConnect is also noted for its commitment to the highest data security standards and strict compliance with financial regulations, guaranteeing that financial transactions are facilitated with the utmost safety, security, and transparency.
Serving a diverse range of customers across various industries and business sizes, DFCC iConnect has demonstrated its ability to cater to a broad spectrum of financial needs through its exceptional versatility and adaptability. The platform is designed, run, and maintained by an exceptionally skilled and knowledgeable team of professionals at the forefront of industry trends. Their expertise is a cornerstone of DFCC iConnect’s consistent success, distinguishing it from its rivals.
Demonstrating the Bank’s dedication to innovation, DFCC iConnect is presently undergoing a comprehensive revamp, with an even more user-friendly and powerful version expected to be deployed early in 2024, offering a slew of user interface/experience enhancements and versatile functionalities, including the implementation of trade finance and supply chain financing modules.
DFCC iConnect’s recognition with the Euromoney Cash Management – Market Leader Award 2023, awarded to DFCC Bank for the 3rd consecutive year, reflects the Bank’s uncompromising dedication to innovation, customer-centric values, and transformative business impacts. Dedicated to setting even higher standards, driving further innovation in cash management, constantly improving customer experiences, and developing a valuable fintech ecosystem, DFCC Bank remains resolutely committed to being the Bank for Everyone.
About DFCC Bank
DFCC Bank is a full-service commercial bank with a rich history of 68 years and offers a diverse range of commercial and development banking services. As part of its Sustainability Strategy 2020-2030, the Bank aims to become a leading institution contributing to greater resilience by creating resilient businesses and supporting green financing and sustainable, socially responsible entrepreneurship. The Bank has received numerous accolades, including being named the ‘Most Trusted Retail Banking Brand’ and the ‘Best Customer Service Banking Brand’ in Sri Lanka in 2021 by Global Brands Magazine UK and ‘Market Leader and Best in Service in Cash Management 2022’ by Euromoney. Additionally, DFCC Bank is ranked among Business Today’s Top 40 Corporates in Sri Lanka, is rated A- (lka) by Fitch Ratings Lanka Limited and is regulated by the Central Bank of Sri Lanka. Attesting to its commitment to sustainability, DFCC Bank is also the first, and presently only, entity in Sri Lanka to have received accreditation from the Green Climate Fund (GCF), granting it access to concessionary funding worth USD 250 million to support climate mitigation and adaptation projects across the Island.