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MATARA BRANCH
     
Manager_Anuradhapura   Vice President/Manager :
Mr. Chanaka Kariyawasam
26 1/1,
Anagarika Dharmapala Mawatha,
Matara.
Tel : 041-2225500
Fax: 041-2225585
 
Introduction
From 1987 to early 1990, most of the businesses and infrastructure in the South were destroyed because of civil unrest. This led to the recognition of the need to develop the economic structure of the South to avoid such civil uprisings again.

On recognition of the wealth of skills and entrepreneurship available in the South and previous economic unrest, DFCC Bank decided to open its second branch in the island in Matara. Initially a representative office was opened on 15th October 1990, which was subsequently converted into a full fledged branch on 21st of February 1991.

Thus DFCC became the first development bank in the South. By 1994, the Matara Branch became the major financier for small and medium projects in the South.
 
Type of Facilities Granted

Project Loans
Working Capital Loans
Agricultural Loans
Leasing Facilities
Bills Discounting
Letters of Guarantees
Pioneers in introducing leasing facilities to the    South
 
Key Sectors Financed

Agriculture - mainly tea and cinnamon industry
Fisheries -
despite the fact that most banks are reluctant to extend credit to this sector, DFCC has provided 76 multi-day boats.
Food & Beverages
Hotels & Restaurants
Garment Industry
Leather Products, Footwear
Rubber, Wood and Plastic Products
Construction Industry
Services such as Service Stations, Nursing Homes etc.
Trading - one of the largest sectors financed
 
Loan Schemes

All SMI Credit Schemes (III & IV)
Tea Small Holder Development Loan Scheme
Perennial Crop Loan Scheme
Southern Province Development Credit Scheme
 
   
Anuradhapura Kurunegala Kandy Gampaha Badulla Ratnapura Matara Kalutara Colombo

 

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