Corporate Banking

Corporate Banking

Helping you with the day-to-day / Transact & Build Reserves

Working Capital/Trade Finance Facilities

Working Capital/Trade Finance Facilities

    • Overdrafts

Our overdraft facilities ensure that you always have a pool of capital to dip into at short notice to finance miscellaneous working capital requirements.

Overdrafts can be accessed through the issuance of cheques, request letters or digitally using Internet Banking or DFCC iConnect. We provide these facilities in both LKR and USD.

For further information or to request for an overdraft facility, please contact:

    • Money Market Facilities

Our Money Market Facilities are best used to finance short-term working capital needs for a specific period of time (between 1 week and 3 months). Interest rates for these facilities are based on prevailing Money Market rates and liquidity; thus they can vary from day to day.

For further information or to request for a Money Market facility, please contact:

    • Import/Export Financing

Our comprehensive import/export financing facilities are designed to ensure that your business has the flexibility it needs to operate in the tough global marketplace.

We provide businesses with facilities for establishing Letters of Credit on both sight and usance terms, acceptance facilities, import and export loans, availization facilities, shipping guarantees, export bill purchasing/discounting and for local purchases including payment of customs/excise duty etc…

For further information or to request for Import/Export financing, please contact:

    • Guarantee Facilities

Our guarantee facilities act as a testament to the integrity of your business. We provide Guarantees for issuing Bid Bonds, Performance Bonds and Credit Guarantees, both locally (LKR and FCY) and internationally (FCY only).

For further information or to request for a Guarantee facility, please contact:

    • Foreign Currency Forward Contracts

Our Foreign Currency Forward Contracts help protect your business from the volatility and risk of currency exchange rates. A foreign currency forward contract allows you to purchase foreign currency on a future date at previously agreed upon rates.

For further information or to request for a Foreign Currency Forward Contract, please contact:

    • Corporate Credit Cards

Our Corporate Credit Cards make it easy for your business to provide designated personnel with expense allowances for travel and entertainment purposes. These instruments also simplify settlement of claims and make monitoring and tracking expenses easier for organizations.

For further information or to request for a Corporate Credit Card, please contact:

  • Term Loans</li/>Providing your business with a platform for consistent and sustainable growth
  • Working Capital Loans
  • Our Working Capital Loans can provide your business with permanent financing for its working capital requirements.

    For further information or to request for a Working Capital Loan, please contact:

  • Corporate Loans
  • Our Corporate Loans can meet complex corporate financing demands for purposes such as restructuring of balance sheets and acquisitions.

    For further information or to request for a Corporate Loan, please contact:

  • Project Loans
  • Our Project Loans can help your business implement strategic and game changing projects such as greenfield projects, capacity expansion, diversification and the acquisition of fixed assets.

    For further information or to request for a Project Loan, please contact:

  • Offshore Loans
  • Expanding beyond borders is a shared dream in business! Our Offshore Loans can help make that dream a reality by providing financing for overseas projects.

    For further information or to request for an Offshore Loan, please contact:

  • Concessionary Loans
  • Our Concessionary Loans, when available, provide refinance/interest subsidy schemes and are targeted at financing specific economic activities. Interest rates on such loans can be substantially lower than market rates.

    For further information or to request for a Concessionary Loan, please contact:

  • Leasing
  • Driving expansion
  • Corporate Leases
  • Our Corporate Leases are a fast and efficient financing solution for fixed asset acquisitions. They are highly suited and typically used for the acquisition of motor vehicles.

    For further information or to request for a Corporate Lease, please contact:

Savings & Deposits

    • Current Accounts

Our current accounts are perfect for facilitating your day to day transactions. They can be used to receive cash & cheque deposits and to make payments. Current accounts can be operated through a number of channels such as issuance of cheques, request letters or Internet Banking/DFCC iConnect.

Accounts are available in both LKR and USD.

For further information or to request for a Corporate Current Account, please contact:

    • Savings Accounts

Our savings accounts allow you to earn interest on the basis of the account’s daily outstanding balance. These accounts are excellent for earning a meaningful return on funds that are being held for a short time before deployment.

Our Vardhana Xtreme Saver account offers interest rates of up to 9% for LKR balances and up to 4% on USD balances with no restrictions on the number of withdrawals.

Our savings accounts are also available in currencies such as AUD, JPY and EUR and may be operated through a number of channels such as issuance of cheques, request letters or Internet Banking/DFCC iConnect.

For further information or to request for a Corporate Savings Account, please contact:

    • Fixed Deposits

Our Fixed Deposits are an excellent tool that businesses can use to park funds for a predetermined period of time and earn a high rate of interest on those funds.

We provide fixed deposits for periods such as 1, 2, 3 & 6 months or 1, 2, 3, 4, 5 & 10 years.

For further information or to request for a Corporate Fixed Deposit, please contact:

    • Call Deposits

Our Call Deposits are ideal for when a business wishes to park funds for a short period of time and earn a handsome return on those funds. The typical tenure for a call deposit is 7 days.

For further information or to request for a Corporate Call Deposit, please contact:

    • Repo Deposits

Our Repo Deposits are available against Treasury Bills/Bonds as well as against Corporate Debentures.

For further information or to request for a Repo Deposit, please contact: