Tuesday Dec 23, 2025
Tuesday Dec 23, 2025
Tuesday, 23 December 2025 03:54 - - {{hitsCtrl.values.hits}}
DFCC Bank yesterday said it has received regulatory approval from the Central Bank of Sri Lanka (CBSL) to proceed with the acquisition of Standard Chartered Bank’s Sri Lankan wealth and retail banking businesses.
With the approval, DFCC said it will proceed with the next phase of the transaction, including the planned migration and integration activities.
The deal worth Rs. 3.7 billion is expected to be completed by the second quarter of 2026, the bank said.
