Saying that the decision to merge should be left to shareholders, he said, 'We were very clear about the NDB - DFCC
merger in our report that was handed to the Prime Minister.
At DFCC, multi-disciplinary skills are a key advantage for selection, and of the 97 executive staff, 29 have multi-disciplinary qualifications.
The high incidence of multiple skills among employees of DFCC makes networking easier for managing projects.
The bank's subsidiary, DFCC Vardhana Bank's (DVB) national long-term rating was affirmed at 'AA-(lka)'.
The agency attributed the downgrade to the weakening composite risk profile of the group, due in particular to DVB, which had a weaker credit profile than DFCC.
Tenders are invited for Supply of Pipe Earthing of 220KV Orai-Bhouti DFCC
Line under ETD Orai
Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, today announced that DFCC Bank, a leading financial institution in Sri Lanka, is using Hyperion as a comprehensive solution for planning, budgeting, forecasting, consolidation, reporting and analysis across its complex operations.
Charged with finding a solution that would enable it to automate the complex financial analysis processes required to implement division-wide budgets, monitor expenses and gain a better understanding of capital expenditures, DFCC turned to Hyperion.