News & market updates

DFCC Bank launched DFCC ONE, a new mobile banking app offering biometric authentication, ePassbook, transfer-limit customization and bill payments via DFCC credit cards. The app aims to boost convenience, security and digital financial inclusion aligned with Sri Lanka’s Digital Roadmap.

DFCC Bank launched DFCC Express Home Loans, guaranteeing loan disbursal within 10 days of submitting required documents. The fast-tracked product reduces paperwork and includes a legal-firm partnership to speed conveyancing and approvals.

DFCC Bank PLC held its 69th AGM at the bank’s head office, presenting strong financial performance and strategic achievements in the Annual Report 2024. Directors emphasised resilience amid evolving market conditions and initiatives on digital transformation and sustainability.

ADB urges Sri Lanka to strengthen its sustainable finance framework and praised CSE and SEC green bond rules, noting DFCC Bank’s Sept 2024 and Alliance Finance’s Feb 2025 green bond issuances were fully subscribed; ADB called for improved disclosure and ESG-aligned instruments.

Anton Arumugam, Senior Vice President at DFCC Bank PLC, was appointed the 36th President of the Association of Professional Bankers (APB) for 2025/26. APB said it will focus on professional development, certification programmes, member engagement and expanding international partnerships.

DFCC Bank has partnered with OrionStellar to use its Colombo-based, energy-efficient managed data centre to strengthen digital infrastructure, improve security and regulatory compliance, and provide 24/7 supported digital banking services.

Commercial Bank of Ceylon PLC won the Overall Gold Award for Excellence in Digital Payments at the LankaPay Technnovation Awards 2025. LOLC Finance PLC won Overall Gold in the Non‑Bank Financial Institutions category, with DFCC, L B Finance, Seylan, Amana and Hatton National Bank among other winners.

Anton Arumugam, DFCC Bank PLC Senior Vice President, was appointed the 36th President of the Association of Professional Bankers (APB) at its 2025/26 AGM. APB said it will prioritise professional development, specialised certifications, member engagement and expanding international partnerships.

Commercial Bank of Ceylon PLC won the Overall Gold Award for 'Excellence in Digital Payments' at the LankaPay Technnovation Awards 2025. Other shortlist winners included DFCC Bank, Hatton National Bank, Seylan Bank, Amana Bank, LOLC Finance, L B Finance and Dialog Finance.

DFCC Bank relocated its Gangodawila branch to No. 170, Old Kesbewa Road, Nugegoda, effective 1 April 2025. The new modern facility includes ATM and electronic cheque deposit services and a dedicated Pinnacle area for premium customers, integrating digital features with personalised service.

DFCC Bank (DFCC.N0000) was ranked 4th among Sri Lanka’s top 20 employers for CIMA members in 2025 by AICPA & CIMA, recognising its support for professional development and employee learning.

Colombo market closed lower as the ASPI fell 60 points to 15,848 despite net foreign inflows of Rs.133.8m and turnover of Rs.1.6bn (down 23.4% vs monthly average). Banking-led turnover (HNBN top at Rs.297m) saw HNB, CINS, JKH, DFCC and CFIN drag the market while CCS and Richard Pieris attracted buying.

Colombo Stock Exchange closed down as the ASPI fell 0.38% to 15,847.80 and the S&P SL20 fell 0.33% to 4,741.90, with turnover of 1.6 billion. Top negative contributors included Ceylinco Holdings, Hatton National Bank, DFCC Bank and Central Finance Company.

Colombo market closed flat (ASPI -4) despite higher turnover of Rs.2.9bn led by Sampath Bank (Rs.1.2bn); banking drove 52% of turnover while capital goods and food/beverage/tobacco made up 26%. Foreign investors were net sellers (Rs.122m) and several large crossings dominated activity.

Sri Lanka stocks closed flat as the ASPI fell 0.03% to 15,908.23 with turnover of Rs2.89bn driven by crossings and heavy bank trades, including a Rs1.1bn off-board Sampath Bank transaction. Notable movers included Ceylinco Insurance (-5.7%), Dipped Products (-3.0%), HNB and DFCC.

ASPI rose 0.1% for the week and jumped 1.4% (216 points) on Friday as banking and capital goods stocks led gains. Turnover averaged Rs.1.9 billion for the week and foreign investors were net sellers of Rs.140.2 million.

Sri Lanka's ASPI rose 1.38% to 15,879.33 as buying interest returned, led by gains in Commercial Bank, HNB, NDB, DFCC and Carson Cumberbatch; turnover fell to 1.66 billion rupees and there was a net foreign outflow of 140 million rupees.

ADB will help Sri Lanka develop and sell thematic and sustainability‑linked bonds and support related regulations and disclosure, building on existing green bond rules and prior issues by DFCC Bank and Alliance Finance.

ASPI rose 1.67% (256 pts) as turnover reached Rs.3.67bn, led by heavy Sierra Cables volume and buying in banking and diversified-financial stocks. Banking stocks and capital-goods names (notably Sierra Cables, John Keells, CDB, HNB) were key contributors.

Sri Lanka's ASPI rose 1.67% to 15,662.85, led by a banking-sector bounce that also lifted the S&P SL20 up 2.14% to 4,703.54. Turnover jumped to 3.67 billion rupees; top contributors included Commercial Bank, HNB, John Keells, Sampath Bank and DFCC, while Sierra Cables had the largest turnover.

DFCC Bank, through its Aloka proposition, sponsored the Sri Lanka Air Traffic Controllers’ Association International Women’s Day aviation event and presented DFCC Aloka credit cards to senior air traffic controllers to promote financial inclusion for women.

DFCC Bank listed 5,746,239 new ordinary voting shares following a scrip dividend effective 19 March 2025. The stock was trading up 1.96% at Rs.104.00 during late-morning trade on Wednesday.

Sri Lanka's ASPI fell 1.63% to 15,394.23 and the S&P SL20 fell 1.60% to 4,588.03. Top decliners included Ceylinco Insurance, HNB, Commercial Bank, DFCC and John Keells; turnover rose to 1.77bn rupees and Hayleys plans to raise up to 7bn via a debenture issue.

The ASPI fell about 211 points (1.35%) as the CSE opened lower on a selling spree with turnover of Rs.1.27 billion. Banking counters led the decline while capital goods and food & beverage drove turnover; major laggards included MELS, NDB and SAMP.

Sri Lanka's ASPI fell 1.33% to 15,645.30 and the S&P SL20 dropped 1.52% to 4,662.66 as turnover fell to 1.27 billion rupees and volumes declined; top decliners included Melstacorp, NDB, Sampath Bank, DFCC and Aitken Spence.

Colombo market rebounded as ASPI rose 151 pts (0.96%) to 15,861 on turnover of Rs.24bn, led by banking and blue‑chip gains; top contributors included COMB, HNB, SAMP, HAYL and JKH while BOGA, JKH and SAMP led turnover.

Colombo market opened lower as the ASPI fell 0.71% (115 points) and the S&P SL20 dropped 0.69% amid low turnover of Rs. 824.6 million, with banks and blue-chip counters leading the decline.

Sri Lanka's ASPI fell 0.71% to 16,000.78 on Monday as turnover dropped to 824 million rupees, with bank and capital goods stocks leading the decline — top negative contributors included Chevron Lubricants, Sampath Bank, Commercial Bank and DFCC Bank. Most active volumes were in Browns Investments, R I L Property, Hela Apparel and HNB Finance, with a net foreign inflow of 16 million rupees.

Colombo bourse ended the first week of March lower, with the ASPI down 2.2% and the S&P SL20 down 2.5%; average daily turnover was Rs. 2.73bn and yesterday's turnover Rs. 2.18bn. Primary negatives included LLUB, SAMP, DFCC and COMB, while MELS, HHL and HNB were the top gainers.