DFCC Bank PLC 2017 AR2
The report highlights DFCC Bank's performance as a fully-fledged commercial bank in its second year following the amalgamation with DFCC Vardhana Bank. The company achieved a 34% growth in profit after tax and significantly expanded its digital footprint through innovations like the DFCC Virtual Wallet and the Premier Go app. Sustainability initiatives included financing 18 renewable energy projects and planting over seven thousand trees across Sri Lanka. The bank also transitioned to Basel III regulatory standards, maintaining healthy capital ratios while receiving international rating upgrades to a stable outlook.
Company: DFCC Bank PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2017
Type: AR2
Pages: 272
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DFCC Bank PLC
Annual Report
The report highlights DFCC Bank's performance as a fully-fledged commercial bank in its second year following the amalgamation with DFCC Vardhana Bank. The company achieved a 34% growth in profit after tax and significantly expanded its digital footprint through innovations like the DFCC Virtual Wallet and the Premier Go app. Sustainability initiatives included financing 18 renewable energy projects and planting over seven thousand trees across Sri Lanka. The bank also transitioned to Basel III regulatory standards, maintaining healthy capital ratios while receiving international rating upgrades to a stable outlook.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
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
Women on Board
Women in Management
Employees