View all companies
Recommendation
Start reading our world-class research today.
Already have an account?
Log in
7 articles for DFCC Bank
EM Banks: Funding fresh credit looks most challenging in these markets
Across the world, banks are being asked to take on much of the burden of easing the pain of Covid-19 lockdowns, by offering loan maturity extensions, interest holidays and cheaper credit. For our coverage universe, the average level is 74%. Other thi...
Rahul Shah @ Tellimer Research 22 June 2020
Sri Lanka banks: Muted profitability, but limited systemic pressure
In this report, we highlight the pressing current themes around the banking sector. In return, banks have received several concessions to maintain the systemic stability. We expect sector profitability to be muted in CY20E, with 1) weak credit growth...
Kavinda Perera @ Asia Securities 16 April 2020
DFCC Bank: Soft underlying earnings; NIM comes under pressure
DFCC’s underlying net profit for 3Q CY19 was LKR 607mn, which marked a 30.7% drop YoY, but increased 12.6% from 2Q CY19. However, given that DFCC has booked high impairments in the past three quarters, we believe impairment charges will stabilise fro...
Kavinda Perera @ Asia Securities 19 November 2019
Sampath Bank: Sri Lanka Banks: The race to raise capital
In our view, SAMP’s rights issue which was announced on 1 March indicates the possibility of another wave of capital calls within the sector. DFCC Bank fired the first shot, announcing a rights issue in January 2019. The bank has already announced th...
Kavinda Perera @ Asia Securities 25 March 2019
Sri Lanka Banks: Credit cycle woes weigh on valuation
Kavinda Perera @ Asia Securities 20 November 2018
DFCC Bank: Solid underlying result, but low ROE limits upside. Hold
Kavinda Perera @ Asia Securities 7 November 2018
Details
Sri Lanka
Asia
Banks
About
DFCC Bank PLC is a licensed commercial bank based in Colombo with network of branches and extension offices spread across the country. The Bank offers a wide range of banking products and services, including deposit accounts, online banking, and credit card services.
