DFCC Bank explained

DFCC Bank PLC
Type:Public
Hq Location City:Colombo
Hq Location Country:Sri Lanka
Revenue: LKR73.520 billion
Revenue Year:2022
Operating Income: LKR31.437 billion
Income Year:2022
Net Income: LKR3.041 billion
Net Income Year:2022
Assets: LKR569.522 billion
Assets Year:2022
Equity: LKR54.320 billion
Equity Year:2022
Num Employees: 1,989
Num Employees Year:2022
Subsid:See text
Footnotes:[1]

DFCC Bank was set up in 1955 as Sri Lanka's a pioneer development finance institution on the recommendation of the World Bank and is one of the oldest development banks in Asia.

In October 2015, DFCC Bank and its 99% owned subsidiary, DFCC Vardhana Bank amalgamated. DFCC Bank is now a Licensed Commercial Bank offering a range of development banking and commercial banking products and services.

Subsidiary companies

See also

Notes and References

  1. Web site: Annual Report 2022. cse.lk . DFCC Bank PLC . 2 March 2023.