DFCC Bank Information

DFCC Bank provides an extensive range of Corporate Finance services to a diversity of clients that includes individuals, corporate institutions and the Government of Sri Lanka. With a presence that goes back to the time that Investment Banking took off in Sri Lanka, we are one of the most experienced institutions in this field in the country having played a leading role or been associated with many of the more notable transactions that have taken place in the domestic capital market and financial advisory services sector. Our investment banking activities are fund-based as well as fee-based. Their scope also includes other capital market activities such as fund management and stock broking. These are undertaken in the form of separate subsidiary companies. Our fund-based activities include:Public and Private, Equity and Debt InvestmentsShare and Debt Issue UnderwritingOur fee-based services include advisory services in respect of:Mergers and AcquisitionsCompany ValuationsFinancial and Corporate RestructuringPrivatisationsLoan and Equity SyndicationStructuring and Managing Public Equity and Debt IssuesAmong the more noteworthy transaction executed by DFCC are:Privatisation of Sri Lanka TelecomIn 1997, DFCC Bank partnered Deutsche Morgan Grenfell in advising the Government on the privatisation of Sri Lanka Telecom including a sale of a 35% equity stake to NTT of Japan together with transfer of management control. The equity sale realized US$ 225Mn and the privatisation was upheld as a model transaction.