Setting DFIs' Agenda for Implementation of the Sustainable Development Goals (SDGs) (Perspectives from Africa, Asia & Latin America)

1. Setting DFIs' Agenda for Implementation of the
Sustainable Development Goals (SDGs),
(Perspectives from Africa, Asia & Latin America)
ARJUN FERNANDO – CEO
DFCC BANK

2. DFCC BANK
VISION
To be the leading financial solutions provider
sustainably developing individuals and businesses
MISSION
To provide innovative and responsible solutions
true to our values with the expertise of our
multi-disciplinary team of professionals and
synergies of our financial services group.
VALUES
Innovative Customer Centric
Professional Ethical
Accountable Team Oriented
Socially Responsible

3. DFCC BANK - CORPORATE PROFILE DFCC BANK - OWNERSHIP
The Government of Sri Lanka is
indirectly the largest shareholder
in DFCC Bank through Bank of
Ceylon, Sri Lanka Insurance,
Employee Provident Fund &
Employee Trust Fund.
- Public holding 63.3% among
8,640 shareholders.
- Institutional investors held
85.9%.
The market capitalisation of DFCC
Bank as at 31 December 2015 was
LKR 44.78 billion (USD 330
million). This was 1.52% of the
total market capitalisation.
DFCC Bank was set up in 1955 as Sri Lanka’s pioneer
Development Finance Institution on the
recommendation of the World Bank. It is one of the
oldest development banks in Asia, and renowned for
its project financing and SME financing expertise.
In October 2015, DFCC Bank and its 99% owned
subsidiary, DFCC Vardhana Bank amalgamated, and
now DFCC Bank is a fully-fledged Licensed
Commercial Bank.
“The DFCC, Sri Lanka’s pioneer Development Finance
Institution (DFI), completed 50 years of successful
operation in 2006. Many similar institutions
established in other parts of the world, most notably
following World War II, have ceased to exist because
they have become financially not viable. The DFCC is
one among a small number of DFIs that not only has
continued to remain viable, but also has been
successful in transforming itself into a multi-product
and robust financial institution in a changing
international and local environment”
-- The World Bank: “DFCC Bank: One Among the
Successful Few”, July 2007

4. DFCC BANK – GROUP STRUCTURE

5. DFCC BANK - BRANCH NETWORK
Branches 87 Region-wise Branch Network
Extension offices 50
137 Region 1 Colombo – 1 18
Region 2 Colombo – 2 15
Region 3 Southern 10
Region 4 Central 13
Region 5 North-Western 09
Region 6 Eastern 15
Region 7 Northern 07
87
85 Own ATMS
Free Customer Access to 800+ ATMs through networks of 8 other banks
Visa Network – Sri Lanka and Worldwide
Internet Banking
Mobile Banking
Virtual Wallet

6. Setting DFIs' Agenda for Implementation of the Sustainable
Development Goals (SDGs),
(Perspectives from Africa, Asia & Latin America)
Resources required for implementation of
SDGs are substantial.
Thus, DFIs have a critical role to play in
implementation of SDGs in their
community by evolving innovative sources
of revenue.

7. Setting DFIs' Agenda for Implementation of the Sustainable
Development Goals (SDGs),
(Perspectives from Africa, Asia & Latin America)
DFIs also need to prioritize SDGs to
ensure that focus will be on
implementation of the most critical
SDGs.

8. Setting DFIs' Agenda for Implementation of the Sustainable
Development Goals (SDGs),
(Perspectives from Africa, Asia & Latin America)
Going forward, with the huge potential to
raise financial resources, we need a better
insight into DFIs to understand how DFIs
can leverage their role with limited capital
and mobilize institutional investors to
reduce the gap for SDG funding needs on a
priority basis.