Daily Mirror (Sri Lanka)

DFCC Bank signs MOU with NCE to drive export industry growth

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DFCC Bank announced the landmark signing of a Memorandum of Understand­ing (MOU) with the National Chamber of Exporters (NCE) and will now act as one of the Chamber’s key strategic partners.

Through this MOU, DFCC Bank extends the comprehens­ive array of end-to-end financial solutions to all members of the NCE, providing access to customized export financing solutions that in turn enable them to do bigger and better business.

The National Chamber of Exporter of Sri Lanka is the leading chamber exclusivel­y responsibl­e for serving the export sector with a wide range of services. The Membership of the Chamber represents leading exporters across all product and service sectors in Sri Lanka, ranging from Large to Small export-oriented enterprise­s.

The MOU is valid for a period of one year and enables all export related businesses to obtain a host of benefits offered by DFCC Bank.

The MOU is therefore of notable importance for all individual­s and businesses involved in the production of exportable goods and services, both private and public in nature.

Foreign exchange income generated through exports is currently a critical requiremen­t towards ensuring that the country gains financial stability. As such, the partnershi­p stands to add significan­t value in growing exports overall, while securing economic stability and resilience.

Commenting on the importance of the new partnershi­p with NCE, DFCC Bank DCEO, Thimal Perera said, “DFCC Bank is proud to partner with NCE to offer its expansive export financing solutions to all NCE members. We look forward to supporting the growth of the Sri Lankan economy and driving the export market to greater heights through the partnershi­p, thereby creating significan­t economic value for the nation. The MOU is yet another step in DFCC Bank’s long-term journey of partnering the growth and prosperity of our stakeholde­rs and our customers in particular.”

“Through this strategic partnershi­p, NCE as the exclusive Chamber representi­ng exporters will be able to support its members, as always, by creating a platform for members and the bank to interact.

Our aim is to develop and sustain exports of Sri Lanka thereby adding value to the economic developmen­t of this country.

The Chamber aims to facilitate both DFCC bank and member exporters of the Chamber through various programs conducted by us,” commented NCE Secretary General Shiham Marikar.

Throughout its rich history, spanning six decades, DFCC Bank has provided financial services for a plethora of well-known Sri Lankan entreprene­urs and entities, most of which have gone on to become leading exporters and providers of services to the internatio­nal market.

 ?? ?? From left: Nilmini Gunaratne - VP Marketing & Sustainabi­lity DFCC Bank, Anton Arumugam - VP Offshore Banking, Trade and Institutio­nalbusines­s Developmen­t DFCC Bank, Thimal Perera Deputy CEO DFCC Bank, Shiham Marikar SG NCE and Menaka Wanniarach­chi - Director Operations - NCE
From left: Nilmini Gunaratne - VP Marketing & Sustainabi­lity DFCC Bank, Anton Arumugam - VP Offshore Banking, Trade and Institutio­nalbusines­s Developmen­t DFCC Bank, Thimal Perera Deputy CEO DFCC Bank, Shiham Marikar SG NCE and Menaka Wanniarach­chi - Director Operations - NCE

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