clock December 24,2023

DFCC Leasing Achieves 52.6% Portfolio Growth in First 8 Months of 2024

DFCC Leasing has demonstrated remarkable growth in its leasing portfolio during the first eight months of 2024, reflecting its broad customer base's enduring trust and confidence. As of 31 August 2024, the DFCC Leasing portfolio had surged to LKR 23.55 billion, marking a substantial increase of LKR 8.19 billion from the LKR 15.4 billion recorded on 31 December 2023. This impressive 52.6% growth underscores DFCC Bank's unwavering commitment to meeting the diverse needs of its customers while offering the most attractive rates and terms in the market.

The success of DFCC Leasing is driven by its relentless focus on understanding and addressing its customers' specific requirements and pain points. DFCC Leasing's dedication to innovation and excellence has enabled it to offer a comprehensive range of financing options, further solidifying its reputation as a trusted partner in the industry. Customers have consistently chosen DFCC Leasing for their financing needs, drawn by its exceptional service capabilities and ability to deliver tailor-made solutions that resonate with the evolving demands of the Sri Lankan market.

Aasiri Iddamalgoda, Head/Senior Vice President (Retail Banking and SME) at DFCC Bank, expressed pride in the team's accomplishments, saying, "Our exceptional growth during the first half of 2024 is a reflection of our unwavering dedication to our customers. At DFCC Leasing, we strive to provide the best possible service, ensuring every customer receives personalised solutions tailored to their specific needs. This success is, therefore, a direct result of our team's relentless commitment to excellence."

Committed to process improvement and maximum operational efficiency, which result in seamless and convenient customer services, DFCC Leasing has also been recognised nationally, securing a Gold Award for its Process Improvement Lean Six Sigma Project at the National Convention on Quality and Productivity Awards 2022. Amongst its many other accolades, this achievement highlights the bank's continuous efforts to refine its processes and deliver unparalleled convenience to its customers.

DFCC Leasing also regularly partners with vehicle dealerships and other suppliers to provide further convenience and accessibility to customers, simplifying the leasing process through strategic partnerships. With a legacy of trust and a forward-looking approach, DFCC Leasing continues to set new benchmarks in the industry.

Experience industry-leading leasing solutions designed to offer unmatched value and support for any financial requirement with DFCC Leasing. Call 0112350000 or visit the nearest bank branch to learn more and get started.


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.

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