Annual Report 2018

March 2019

Notice of Sixty Third Annual General Meeting of DFCC Bank PLC scheduled for 28 March 2019 sent to shareholders with the simultaneous release of Annual Report 2018 in print and online.


December 2018

Mr. Lakshman Silva Invited to Deliver Convocation Speech at Kelaniya University Convocation Ceremony

Mr. Lakshman Silva was invited by Professor Laxshman Senevirathne, Acting Vice Chancellor of the University of Kelaniya to deliver the convocation speech for the graduates of the Commerce & Management Studies faculty, at the convocation ceremony held on 20th December at the BMICH.


December 2018

Mr. Ashok Goonesekere Represents DFCC Bank at Workshop on SLFRS 09

Mr. Ashok Goonesekere was invited to be a Panelist representing the Banking sector at a workshop on SLFRS 09, organised recently by CA Sri Lanka.

Representatives from the Central Bank of Sri Lanka, other banks and financial institutions were present at this forum. Whilst contributing to the discussion, he also made it an opportunity to enlighten the audience about the products and services DFCC Bank offers, enhancing brand awareness.


November 2018

Mr. Lakshman Silva Invited to be a Panellist at the Annual International Research Conference of the Faculty of Management and Finance

Mr. Lakshman Silva was recently invited to be a panellist in the Industrial Dialogue segment of the Annual International Research Conference of the Faculty of Management and Finance – University of Colombo. He represented the financial services industry.

This year’s conference was organised for the 13th consecutive year and was themed “Calibrating businesses for ethical and professional conduct". It was held on the 16th of November at the Conference Hall of the faculty with the moderator being Dr. Seuwandhi Ranasinghe, a Senior Lecturer at the faculty.

Quarterly Financial Statement

July 2018

Financial Statements for the quarter ended 30 June 2018

Quarterly Statements in PDF format

Quarterly Financial Statement

April 2018

Financial Statements for the quarter ended 31 March 2018

Quarterly Statements in PDF format

Annual Report 2017

March 2018

DFCC Bank Annual Report 2017 – “The Bank For The Times”

DFCC Bank released the Annual Report 2017, under the theme “Bank for the Times”. DFCC Bank is the “Bank for the Times” because it is agile, responsive, and powering ahead on a foundation of capital strength supported by its four pillars: employees, financial technology, franchise, and the mindset of being a pioneer, pathfinder, and trailblazer.

The report is available as a concise report in print and on CD, as a comprehensive report accessible online at, and as a condensed annual snapshot in print and PDF format.

Click on the following links to view the DFCC Bank Annual Report and messages by the Chairman and CEO:

PDF format:
Online Annual Report:
Message from the Chairman:
Message from the CEO:


August 2017

The Official DFCC Flag

The official DFCC Flag was revealed and hoisted for the first time on the 16th of August.

Meaning of the Flag:

The mnemonic and the grey wings form a beautiful visual of a sunrise which depicts new beginnings, prosperity and growth with DFCC Bank.


August 2017

Mr. Thimal Perera appointed Deputy CEO of DFCC Bank

DFCC Bank appointed Mr. Thimal Perera as its Deputy Chief Executive Officer on the 16th of August.

With more than two decades of experience in the financial services and banking sector locally and internationally, Mr. Perera most recently served as the Deputy General Manager of Hatton National Bank where he guided the retail and SME banking sector.

Mr. Perera has also previously worked with HSBC locally and internationally, the Commercial Bank of Qatar and Barclays Bank PLC in the United Arab Emirates.


August 2017

Mr. Lakshman Silva appointed CEO Of DFCC Bank

DFCC Bank appointed Mr. Lakshman Silva as its 10th Chief Executive Officer on the 16th of August.

Mr. Silva has accumulated over 30 years of experience in the financial sector. Having commenced his professional career at the Department of Inland Revenue of Sri Lanka, he moved to the financial services industry and joined the DFCC Group in 1987. Mr. Silva previously served as DFCC Vardhana Bank’s Chief Executive Officer in 2010.


August 2017

Farewell To Mr. Arjun Fernando

A farewell party was held in honour of Mr. Arjun Fernando, who retired from the post of CEO on the 15th of August at the Hilton Colombo Residencies. Staff members from across the branch network were present to express their appreciation for his contribution to the Bank.


July 2017

Winners of Bancassurance General Awards trophies announced

Winners of the Bancassurance General Award in the month of June were awarded trophies by Mr. Lakshman Silva.

Best Branch/ Business Unit:

Gampaha Branch

Best Business Lead (Individual)

Tharaka Wickramathunga (Premier Centre)

Congratulations to Chandramali Pragnarathna and Savanthi Kodagoda from Corporate Banking for winning the Bancassurance General Award Trophy for the month of July, achieving an income of Rs. 53,726.00.

Rachitha Priyankara from the Ampara branch came in 2nd achieving an income of Rs. 34,813.00.


July 2017

DFCC Bank recognised at Global Sustainable Finance Awards 2017

In recognition of DFCC Bank’s success in incorporating sustainability into its corporate strategy and business processes, the Bank was awarded a Certificate of Merit in the Outstanding Business Sustainability Achievement category at the Global Sustainable Finance Awards 2017 held in Karlsruhe, Germany.

Senaka Jayasinghe of the Sustainability Unit received the award on behalf of the Bank, and also conducted a presentation on Sustainability at DFCC Bank at the Global Sustainable Finance Conference on the 13th and 14th of July, which was attended by over 100 delegates from over 30 organisations across Asia, Africa and Europe.

Annual Snapshots

June 2017

Annual Snapshot 2017

Annual Snapshot 2017 in PDF format


June 2017

DFCC Bank Recognised for SME Development at ADFIAP Awards Night

At the ADFIAP awards awards night held in Macau, DFCC Bank won an award under the SME development category for setting up a specialised unit for the development of MSME’s.

Besides being a founder member of the association, DFCC has been winning awards every year for its outstanding efforts.

The Bank also offers additional business development services such as by conducting workshops and training programmes on topics like entrepreneur development, capacity building and record keeping.

In addition, DFCC Bank was recognised for being a charter member of the ADFIAP since October 1976, at the event.

Mr. Arjun Fernando receiving the Award.


April 2017

AIA Bancassurance Achievers Awards 2016

The AIA Bancassurance Achievers Awards Ceremony was held on the 24th of March at Cinnamon Lakeside, Colombo. This was to recognise the best Branch performers in 2016.The Kotahena branch of DFCC Bank was awarded the top spot, with the Galle and Batticaloa Branches ranking at second and third place respectively.


April 2017

A review of DFCC Bank Annual Report 2016 By Joan de Zilva Moonesinghe, Director, Bank Supervision, Central Bank of Sri Lanka

In a recent article by the Financial Times, DFCC Bank’s Annual Report 2016 was signalled out for its excellence in reporting, with the Bank’s direct, succinct approach receiving much praise.

The article equally commended our commitment to utilising multiple channels of information to communicate with stakeholders. In doing so, DFCC Bank ensures that the best medium is being used to address the intended audience.

Read More »


April 2017

DFCC Bank hosts 61st Annual General Meeting

DFCC Bank PLC’s 61st Annual General Meeting was held on 30th March 2017 at Cinnamon Lakeside, Colombo.

Over 200 shareholders attended the event and the resolutions proposed by the Board of Directors were unanimously approved.

The shareholders especially commended the Bank’s performance in the preceding year as well as the concept, look and feel of the Annual Report for the corresponding period.

‘Congratulations on a very innovative concept for the Annual Report. I thought it was very unique to portray DFCC’s Journey on the cover page of the book’, commented one attendee.

‘Congratulations on doing an annual report that is very concise and easy to carry around in comparison to traditional annual reports’, added another participant.

Annual Report 2016

March 2017

Notice of Sixty First Annual General Meeting of DFCC Bank PLC scheduled for 30 March 2017 sent to shareholders with the simultaneous release of Annual Report 2016 in print and online.


November 2016

DFCC Bank Ranked Among The Business Today Top 30

Mr. Arjun Fernando, CEO DFCC Bank receiving the award from Hon. Minister Ravi Karunanayake. Also in the picture are Hon. Minister Sagala Ratnayaka and Hon. Minister Nimal Siripala De Silva

Business Today TOP 30 recently recognised the top corporate performers in Sri Lanka for the financial year 2015-2016. The award ceremony was held at Hilton Colombo under the patronage of the Prime Minister. Also present were other distinguished guests of the business world, diplomats, politicians and policy makers of Sri Lanka.

Business Today has annually recognised and awarded top corporate performers in the country since 1998 for their invaluable contribution towards strengthening the country’s economy.

DFCC Bank was once again ranked in the TOP 30 at number 21, reiterating the Bank’s remarkable standing in the corporate sector of Sri Lanka. Mr. Arjun Fernando received the award from the Hon. Finance Minister at the event.

The Business Today TOP 30 was based on the published information of companies listed in the Colombo Stock Exchange for the financial year ending December 31st 2015 and March 31st 2016, and was selected with assistance from KPMG Sri Lanka.


July 2016

DFCC Wins Certificate Of Merit At Karlsruhe Awards 2016

DFCC Bank was awarded a Certificate of Merit in the Outstanding Sustainable Project Financing category, at the Karlsruhe awards ceremony held recently. This award was given for financing a biomass based Combined Heat and Power Plant in Mirigama, Gampaha, with a capacity of 4MW. The power plant utilise biomass (wood chips from Gliricidia) as its fuel source.

The Project Company, K.M.R.I. – S.M.G. Asset Company (Pvt) Ltd., is to supply 17.3 GWh of electricity to the National Grid under a 20-year Power Purchase Agreement with the Ceylon Electricity Board (CEB), and 90,000 tonnes of steam to a Desiccated Coconut plant of the Silvermill Group (one of the project promoters and a shareholder), under a Steam Supply Agreement, annually.

The plant which will operate for 325 days a year, co-generates electricity and supply steam to the Silvermill Factory during 250 days of the year and 100% electricity at 4MW during the balance 75 days.

Annual Snapshots

June 2016

Annual Snapshot 2016

Annual Snapshot 2016 in PDF format

Annual Report 2015

March 2016

Notice of Sixtieth Annual General Meeting of DFCC Bank PLC scheduled for 30 March 2016 sent to shareholders with the simultaneous release of Annual Report 2015 in print and online.


December 2015

DFCC Annual Report Wins Gold

DFCC was awarded Gold in the Financial Institution Category at the 2015 Annual Report Awards organized by the Institute of Charted Accountants of Sri Lanka. The bank has made notable wins of this kind in the past as well.

During the financial year in focus, DFCC made radical changes in their approach to its annual report. It was formulated to communicate the relevant information concisely without compromising on the content and the compliance related disclosures. In doing so, the Annual Report was more user-friendly for the shareholders. More importantly DFCC also minimised the paper used for its Report this year.

The Annual Report was also made available in the form of a concise report in print, an online report and a condensed ‘annual snapshot’. These formats made the annual reports available to a larger readership and attracted a broad spectrum of current and potential stakeholders.

The bank’s stakeholders responded favourably to the Report and its success can be attributed to Smart Media (Pvt) Ltd, our Annual Report partner. The company intelligently conveyed the vision of DFCC.

Quarterly Financial Statements

Financial Statements for the quarter ended 30 September 2015.
Download PDF


August 2015

DFCC Website Gains Recognition Once Again

DFCC Website, won a merit award at the Best Website Awards in the Corporate, Banking and Insurance website category and in the Tamil website category. Organised by the LK Domain Registry, the Best Sri Lankan Website Awards ( recognize high quality Sri Lankan websites in a variety of different categories. This year over 600 websites competed with MAS Holding securing the top spot in the category followed by Union Assurance and Sampath Bank in the second and third places.

The DFCC website was re-launched in September 2012 supplemented with Sinhala and Tamil websites integrating the services of both banks to provide a fully-fledged online service.


July 2015

DFCC Partners GIZ to Educate SMEs on Energy Efficiency

DFCC Bank PLC was chosen to be a project partner of the German Development Cooperation (GIZ) along with Hatton National Bank, Sri Lanka Energy Manager’s Association (SLEMA) and the regional Chambers of Commerce in guiding Small and Medium Enterprises (SMEs) to employ energy efficient processes.

The project included workshops in Anuradhapura and Jaffna where approximately 30 SME’s in each region were trained including DFCC customers. Similar workshops were held in other parts of the country as well.

Both local and international experts followed an integrated approach to ensure SME’s receive the necessary support at each step of the investment. This project was in line with our developmental role and was facilitated by Branch Banking and DFCC Consulting. Officials from GIZ commended our staff for the excellence in which the workshops were organised.

Annual Snapshots

June 2015

Annual Snapshot 2015

Annual Snapshot 2015 in PDF format


June 2015

DFCC Gains Recognition Once Again at the Annual Global Sustainable Finance Conference

DFCC Bank gained recognition for the 3rd consecutive year, at the Annual Global Sustainable Finance Conference in Karlsruhe, Germany. A Certificate of Merit was awarded under the Outstanding Sustainable Project Financing category in recognition of the outstanding success in long term financing of exemplary industrial/commercial or infrastructure projects that has benefited local communities, protects the environment and ensures reliable returns to investors and lenders.

DFCC won the Most Outstanding Sustainable Project Finance Award in 2013 and a Certificate of Merit for Outstanding Business Sustainability in 2014. Mrs.Manohari Gunawardhena – Senior Vice President, Group Corporate Banking and Capital Markets received the award on behalf of DFCC.


May 2015

DFCC Bank Recognised by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP)

DFCC Bank clinched three awards at the Outstanding Development Project Awards 2015, organized by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). Besides being a founder member of the Association, DFCC has been winning awards every year for its outstanding project work. This year the Bank received a special award for the Best Sustainability Report, and was presented a Plaque of Merit for the developmental impact of projects carried out under the Environmental Development and Local Economic Development categories.

DFCC has been constantly pushing the boundaries of reporting. The Annual Report for 2013/14, titled ‘Game on’ was recognized locally by the Chartered Accountants of Sri Lanka when it won Gold at the awards ceremony held last year. The Annual Report for 2011/12 titled ‘Multiple Strands of Business Lend Strength’ was recognised at the ADFIAP Awards in 2013, when it won the overall award for Best Annual Report.

The award of merit for Environment Development was conferred to the Bank, for financing Sri Lanka’s first commercial scale grid-connected solar power project. The Bank is now on record for being the pioneer financier in all renewable energy projects (hydro, wind and solar) undertaken by the private sector in Sri Lanka. The Bank also won a merit award in the Local Economic Development category, for financing Sri Lanka’s first and only rice bran oil manufacturing facility.

Quarterly Financial Statements

Financial Statements for the quarter ended 30 June 2015.
Download PDF

Annual Report 2014/15

Notice of Fifty Ninth Annual General Meeting of DFCC Bank PLC scheduled for 30 June 2015 sent to shareholders with the simultaneous release of Annual Report 2014/15 in print, online and video together with the Bank's Annual Snapshot 2014/15.