DFCC Bank PLC (DFCC)

DFCC Bank PLC engages in the provision of commercial banking services to individuals, corporates, small and medium enterprises, professionals, and entrepreneurs in Sri Lanka. It operates through Corporate Banking, Retail Banking, Treasury, and Other segments. The company provides savings, current, and special and fixed deposit accounts; debit and credit cards; home, personal, auto, and education loans; leasing; and general and life insurance services. It is also involved in financial services, such as accepting deposits; corporate credit; personal financial services; project financing; investment banking; foreign currency operations; trade finance; dealing in government securities and treasury-related products; provision of technical, financial, and other professional consultancy and advisory services; leasing of land and buildings to industrial enterprises in chemicals, construction materials, engineering, fertilizers, FMCG, metal fabrication, and packaging sectors; and provision of Information technology (IT), consultancy, and IT-enabled services, including financial technology solutions for banking, capital markets, insurance, and retail payments sectors. In addition, the company offers MSME banking, international trade, remittances, credit cards, bancassurance, and institutional business development services; overdrafts, unsecured personal lending, and credit card facilities; and provides digital banking including cash deposit and automated teller machines, virtual wallet, online banking, payment and cash management solutions, and e-statement services. Further, it provides industrial estate and unit trust management services; and funding and centralized risk management activities including borrowings, issues of debt securities, use of derivatives for risk management, and investing in liquid assets. The company was incorporated in 1955 and is based in Colombo, Sri Lanka.