at 'B+'; Outlook revised to Stable from Negative
The successful blending of development and commercial banking has resulted in an unique commercial banking institution with a distinct development banking bias as a consequence of DFCC
being the oldest development bank in Asia and a pioneer in the countrys development projects.
Lakshman Silva, CEO, DFCC
Bank, said, 'DFCC
Bank's Premier Banking service offers an exclusive service to customers and the DFCC
Premier Go app is an extension of this personalised and relational service.
Attending the ceremony were Lakshman Silva, DFCC
Bank Deputy Chief Executive Officer, and Peter England, RAKBANK Chief Executive Officer, along with other senior representatives from RAKBANK and DFCC
had a flying start through openers Samad and Upul Bandara and the pair sealed the win in 14.
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.
Nivithigala is a thriving city with an immense economic promise and we believe that the new DFCC
branch will help residents in the city to realise their aspirations by taking advantage of our commercial and development banking expertise, said Lakshman Silva CEO, DFCC
Located at Isuru Towers, the DFCC
Morawaka Branch was ceremoniously inaugurated by DFCC
CEO Lakshman Silva.
Sri Lanka-based DFCC
Bank has said that it has re-launched its 'mobile teller' services.
Expressing his views, Lakshman Silva, Chairman of Synapsys and CEO DFCC
Bank said, Synapsys is proud of this partnership with Tenaga, as we believe this smart parking initiative will transform this aspect of peoples daily lives.
Fitch Ratings have revised DFCCs
outlook for both its International and National Long Term Ratings to Stable from Negative while affirming the ratings at B+ and AA- respectively.
Dinesh Weerakkody, chairman of a committee investigating banking sector consolidation in Sri Lanka, has said that the merger between National Development Bank (NDB) and DFCC
Bank should not be forced.