Writen by Abdul Mujeeb 4:50:00 PM - 0 Comments
DFCC, the country’s leading development bank partnered with the Industrial Development Board (IDB) as bronze sponsor for the Small and Medium Industrial Development Exhibition (SMIDEX), which was held from the 23rd to 25th May 2014.
In order to celebrate their 45th anniversary, IDB is introduced SMIDEX as its foremost to showcase local SMIs with a specialised sector specific technology, machinery, raw materials and business development and other services facilities. SMIDEX “Taking Sri Lanka to the next era of Industrialisation” was the theme of the event this year. A large number of existing domestic and international players to showcased innovative products, services and technologies. DFCC Bank involvement with SMIDEX was in view of building & understanding of supporting the Small & Medium Enterprise (SME) sector towards the countries economy with not only the financial assistance but also with the capacity of the expert knowledge in different industries the Bank has gained by operating for about six decades.
DFCC Bank has remained committed to its mission as Sri Lanka’s pioneering and premier development bank and is the leading reference for project financing by the baking industry. DFCC bank, supported by leading international donor agencies and banks, provide small and medium industries with cost effective financial services and advice on running expanding and improving businesses. The services provided for SMEs include credit services such as; Long and medium term project loans, Working capital loans, Financing leasing facilities, Hire purchase facilities and other development banking products & DFCC bank has been assisting industries such as Agriculture, Dairy, Light engineering, Hydro Power, Construction, Furniture & various other Industries since its inception & believes fully that SMEs play a major role in the economy, creating jobs & driving innovation.
About DFCC Bank
DFCC Bank ranks as one of the world’s oldest Development Banks and was set up in 1955 by an act of Parliament. Today the DFCC Group’s total asset base exceeds LKR 151 billion.