DFCC Bank Recognised for Strategic Excellence and Growth at Indian Chamber of Commerce Emerging Asia Banking Awards 2024

DFCC Bank was recently honoured with dual accolades at the 2nd ICC Emerging Asia Banking Conclave and Awards 2024, hosted by the Indian Chamber of Commerce in New Delhi, India. This prestigious event, which recognises excellence in the banking sector across the region, witnessed DFCC Bank receiving the “Best Performance of Growth” and “Best Performance of Profitability” Awards, marking a significant milestone in the bank’s journey towards industry leadership.

The dual recognitions are a credit to DFCC Bank’s robust financial strategy, operational excellence, and unwavering commitment to delivering exceptional value to its stakeholders. In a highly competitive and challenging economic environment, simultaneously achieving significant growth and profitability is a significant undertaking. These awards thus highlight the bank’s ability to thrive amidst adversity, demonstrating its resilience and the strategic acumen of its leadership team. They indicate that DFCC Bank’s success is not measured in numbers alone but also by its ability to consistently deliver on its promises, setting a benchmark for the industry.

Commenting, Thimal Perera, the Chief Executive Officer of DFCC Bank, said, “We are deeply honoured to receive these esteemed awards, which reflect our strategic focus on sustainable growth and profitability. This recognition is a true reward for and further encouragement of the hard work and dedication of our team, who continue to drive our success even in the face of challenging market conditions. It also reaffirms our commitment to our customers and stakeholders as we strive to deliver superior value and innovative solutions.”

The ICC Emerging Asia Banking Conclave and Awards is a prestigious programme organised by the Indian Chamber of Commerce, aimed at recognising and honouring excellence in the banking and financial services sector across the Asian region. The awards celebrate institutions with outstanding performance, innovation, and leadership, setting growth, profitability, and customer service benchmarks. The programme provides a platform for industry leaders to showcase their achievements, fostering a spirit of continuous improvement and excellence within the banking community.

As DFCC Bank continues to grow and innovate, these awards serve as a reminder of the importance of resilience, adaptability, and a strong customer-centric approach in achieving long-term success, both for the bank and for other industry players.         

About DFCC Bank

DFCC Bank is a full-service commercial bank with a rich history of 68 years and offers a diverse range of commercial and development banking services. As part of its Sustainability Strategy 2020-2030, the Bank aims to become a leading institution contributing to greater resilience by creating resilient businesses and supporting green financing and sustainable, socially responsible entrepreneurship. The Bank has received numerous accolades, including being named the 'Most Trusted Retail Banking Brand' and the 'Best Customer Service Banking Brand' in Sri Lanka in 2021 by Global Brands Magazine UK and 'Market Leader and Best in Service in Cash Management 2022' by Euromoney. Additionally, DFCC Bank is ranked among Business Today's Top 40 Corporates in Sri Lanka, is rated A- (lka) by Fitch Ratings Lanka Limited and is regulated by the Central Bank of Sri Lanka. Attesting to its commitment to sustainability, DFCC Bank is also the first, and presently only, entity in Sri Lanka to have received accreditation from the Green Climate Fund (GCF), granting it access to concessionary funding worth USD 250 million to support climate mitigation and adaptation projects across the Island.