DFCC Bank shines at ADFIAP Awards 2013

DFCC bagged three awards at the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Awards Ceremony held in Mongolia recently. ADFIAP Awards are keenly contested by 131 member institutions in 45 countries.

Chief Executive, DFCC Bank Nihal Fonseka at the awards ceremony

DFCC Bank has been a founder member of the Association and has been winning awards every year for its outstanding project work.

This year DFCC received awards for The Most Outstanding Local Economic Development Project,The Best Annual Report and The Best Website.

The award for The Most Outstanding Local Economic Development Project was won for DFCC's active role in supporting the Annai Sea Food Processing Factory; a state-of-the-art crab and cuttlefish processing plant targeting the export market, which is the first of its kind in the Jaffna district. This project was one of the first to capitalize on the peace dividend.

The Bank guided and financed the venture with a special loan scheme, which has provided direct employment to over 300 people and contributed to the livelihood of those working in the 16 collection centres as well as the local fishermen who supply the factory.

DFCC Bank's annual report for 2011/12, which was in line with the framework for Global Reporting Initiatives (GRI), that requires reporting on economic, social and environmental aspects, won the Best Annual Report Award amidst competition from other financial institutions in the region.

The Bank's award winning Trilingual website (Best Web Competition 2012) collected the Best Website Award at the ADFIAP Awards this year.