DFCC Bank concluded the quarter ended 31March 2021 with sound performance and growth. DFCC Bank really swung into full gear as a full-service Commercial Bank marking 65 years of being a pioneer in Sri Lanka’s banking sector. Financial Performance ProfitabilityThe DFCC Group comprises of DFCC Bank PLC (DFCC), and its subsidiaries – Lanka Industrial Estates Limited (LINDEL), DFCC Consulting (Pvt) Limited (DCPL) and Synapsys Limited (SL), the joint venture company – Acuity Partners (Pvt) Limited (APL) and associate company – National Asset Management Limited (NAMAL). The Bank’s Return on Equity (ROE) improved to 6% during the quarter ended 31 March 2021 from 4.93% recorded for the year ended 31 December 2020. (DFCC Bank)

Source: The Nation May 07, 2021 00:00 UTC