DFCC Bank PLC 2016 AR2
The report highlights DFCC Bank PLC's performance for the fiscal year 2016, marking its first full year of operations as an amalgamated licensed commercial bank. Key achievements include crossing the LKR 3 billion net profit mark for the first time with a 60% growth, and reducing the non-performing loan ratio to 2.97%. The bank expanded its digital footprint by launching the Vardhana Virtual Wallet and migrating its collaboration platform to Google's G Suite. Additionally, DFCC Bank was recognized with a Certificate of Merit at the Karlsruhe Sustainable Finance Awards for funding a biomass project, and it voluntarily reported its greenhouse gas emissions for the fifth consecutive year.
Company: DFCC Bank PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 232
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DFCC Bank PLC
Annual Report
The report highlights DFCC Bank PLC's performance for the fiscal year 2016, marking its first full year of operations as an amalgamated licensed commercial bank. Key achievements include crossing the LKR 3 billion net profit mark for the first time with a 60% growth, and reducing the non-performing loan ratio to 2.97%. The bank expanded its digital footprint by launching the Vardhana Virtual Wallet and migrating its collaboration platform to Google's G Suite. Additionally, DFCC Bank was recognized with a Certificate of Merit at the Karlsruhe Sustainable Finance Awards for funding a biomass project, and it voluntarily reported its greenhouse gas emissions for the fifth consecutive year.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Employees