🏦 DFCC Bank Secures CSE Approval for Rs. 12.5 Bn Debenture Issue

• Issuance Details: DFCC Bank has received in-principle approval from the Colombo Stock Exchange (CSE) to issue up to 125 million debentures, aiming to raise up to Rs. 12.5 billion. • Instrument Specifications: The offer consists of Basel III compliant, listed, rated, unsecured, subordinated, redeemable debentures featuring a non-viability conversion mechanism. • Tenure & Yield: The debentures carry a 5-year tenure (2026–2031) with a par value of Rs. 100 each and offer a fixed annual interest rate of 13% payable yearly. • Timeline: The subscription list for the issuance is scheduled to open on 11 September 2026. • Economic Context: Strengthens Tier 2 capital for the banking & financial services sector, supporting balance sheet expansion and capital adequacy requirements.