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DFCC Bank
Milestones
 

   
1991 - Pioneered the Unit Trust industry in Sri Lanka
   
1992 - Recorded the highest Profit After Tax among all listed companies,
and continued to do so until 1994
   
1993 - August - No. 1 in market capitalization
   
1995 - Ranked by Asiamoney as the Best Managed Company in Sri Lanka
   
1995 - Valuation of Ceylon Electricity Board's (CEB) generation/transmission assets
   
1996 - Awarded the first Telecom privatisation mandate (with Deutsche Morgan Grenfell)
   
1997 - Acquired 29.8% stake in Commercial Bank of Ceylon Ltd.
   
1998 - Lead arranger for landmark Rs 4.1 Bn syndicated term loan for Sri Lanka Telecom
   
1998 - Successful Floating Rate Note listing raises US$ 65 Mn
   
1999 - Ranked by Asiamoney as the Best Managed Company in Sri Lanka for the Decade
   
2000 - Structured and managed Rs 1.5 Bn debenture listing for Sri Lanka Telecom -
Sri Lanka's first ever rated security and the largest domestic debt listing to date
   
2001 - DFCC acquired ABN Amro Securities (Pvt) Ltd and has been renamed to DFCC Stock Brokers (Pvt) Ltd
   
2002 - ADFIAP Development award for Infrastructure Development
   
2002 - Fitch Ratings Lanka Limited assigned “SL AA” national rating for implied long-term unsecured senior debt of DFCC Bank
   
2003 - Acquired 94.16% of MERC Bank in August 2003
   
2003 - Acquired MERC bank and re-named DFCC Vardhana Bank to provide commercial banking
   
2005 - DFCC Consulting founded
   
2005 - ADFIAP award for best website