DFCC Bank Partners with SLASSCOM

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DFCC Bank, one of the premier commercial banks in Sri Lanka, has announced that it has formally entered into a partnership with SLASSCOM, the apex body representing the IT/BPM industry in Sri Lanka, a sector that is one of the top foreign exchange earners for the country. Given that the industry has been adversely impacted as a result of the present energy crisis, through this partnership, DFCC Bank and SLASSCOM will work together to provide accessible and affordable financing for sustainable power generation for the sector, through special financing schemes, concessionary rates, and other exclusive benefits. With over 420 member companies, encompassing an employee base of 115,000+ people, SLASSCOM’s membership accounts for approximately 90% of Sri Lanka’s IT/BPM industry’s export revenue.

The partnership between the two giants was officially entered into with the signing of an MoU recently, and the occasion was held at the DFCC Bank Head Office where senior officials from both organizations were present. Thimal Perera – Director/CEO, DFCC Bank PLC, and Ashique Ali–Vice Chair, SLASSCOM signed on behalf of both entities.

Acknowledging the crucial need for such a scheme at this time, Thimal Perera – Director/CEO, at DFCC Bank said, “Ensuring sustainable, reliable, and even self-sufficient power generation for this sector is essential at this juncture. Thus, we have worked together with SLASSCOM to present the industry with tenable sustainable solutions. Through this arrangement, industry stakeholders can access special financing schemes and preferential interest rates along with a host of other benefits, for investments into sustainable power generation, exclusively from DFCC Bank. This move is also in line with our broader Sustainability Strategy. Since 1988, we have been the pioneering financier in Sri Lanka for sustainable and renewable energy, and we are very pleased to support one of our top foreign exchange earning industries at this time. Supporting clean, the high-tech industry is also essential if we are to help create a more sustainable future for Sri Lanka.”

Through its Sustainability Strategy, DFCC Bank seeks to create a resilient world for everyone. Developed and implemented in 2020, DFCC Bank’s Sustainability Strategy maps out the Bank’s sustainability goals for the next decade, to ensure that DFCC Bank emerges as one of Sri Lanka’s most sustainable and resilient banks, providing and creating exceptional value for all of its stakeholders.