DFCC & DFCC Vardhana Banks expand operations to Hambantota

Friday, 16 August 2013 00:00 - - {{hitsCtrl.values.hits}}

DFCC Bank the pioneer development bank of Asia and its retail banking arm DFCC Vardhana Bank (DVB), two of Sri Lanka’s leading banks opened its Hambantota branch at No. 21, Jail Street, Hambantota on Wednesday. The move strengthens the bank’s branch network and presence in the fast developing Southern Province of the country. The new branch was opened by Speaker of the Parliament Chamal Rajapaksa, DFCC Bank CEO Nihal Fonseka and DFCC Vardhana Bank COO Achintha Hewanayake.

Speaking at the opening of the Hambantota branch, Fonseka said: “We are looking forward to serving the people of Hambantota with all their banking requirements, in the corporate, SME and retail banking sectors. The opening of the Hambantota branch is indeed a noteworthy milestone for DFCC and DFCC Vardhana Bank which will also support the expansion of commercial activity in the area by not only providing their customers with banking needs but also providing them with advise to both grow their businesses and themselves in the process. We aim to offer the very best services and products to our customers in Hambantota keeping in line with the bank’s objective of providing superior financial solutions and nurture business enterprises.” DFCC and DVB will be able to support and allow better access to quick and efficient commercial banking facilities to all those in Hambantota. DFCC is one of the oldest development banks in Asia, well known for its pioneering work in developing sectors including the country’s SME sector. The bank is the pioneer development bank in South Asia and has been the financier of trail blazing Lankan entrepreneurs especially during their risky early stages. With DFCC Vardhana Bank, customers will also have access to a full range of commercial and personal banking services, including retail and business banking services which include current accounts, savings accounts, children’s’ savings accounts, seniors’ savings accounts and fixed deposits, personal loans, housing loans, education loans, vehicle leasing, gold jewellery pawning loans, business

loans, LCs, foreign currency products such as NRFC, RFC & NNRFC and money transferring via Western Union in its range of services. Incorporated by a parliamentary act in 1955, the company has grown through the years and is now a public listed company. DFCC Bank and its almost wholly owned retail banking subsidiary DFCC Vardhana Bank together, functions as an effectively integrated entity in the financial services sector offering the full range of business and personal banking services seamlessly through a unified distribution channel. This year DFCC Vardhana Bank celebrates ten years of excellence in financial service, continuing to be one of the fastest growing banks in the country; leading the economy with financial inclusivity while spreading warmth, fellowship and stability in the local community.