DFCC Bank has become the largest investor in Alliance Finance Company PLC’s (AFC) Green Bond Issue, investing Rs. 500 million — half of the total Rs. 1 billion issuance. Rated A- by Lanka Rating Agency Limited, the AFC Green Bond is listed on the Colombo Stock Exchange (CSE), with proceeds dedicated to renewable energy projects. This strategic investment underscores DFCC Bank’s long-standing commitment to expanding green financing in Sri Lanka. The bond proceeds will fund renewable energy initiatives, including rooftop solar installations and solar equipment financing, supporting a stable and sustainable energy ecosystem.
Director/Chief Executive Officer of DFCC Bank, Thimal Perera said, “Our investment in AFC’s Green Bond is part of a broader commitment to accelerating Sri Lanka’s transition to a greener economy. By enabling renewable energy financing, we are driving sustainable business practices and laying the foundation for long-term economic resilience. Sustainable finance is no longer a choice – it is an imperative, and DFCC Bank is proud to be at the forefront of this transformation.”
As a pioneer in sustainable finance, DFCC Bank has played a pivotal role in shaping Sri Lanka’s renewable energy sector. The Bank financed the country’s first private sector mini-hydro power project, setting a benchmark for clean energy development, and has co-financed other milestone projects, including Sri Lanka’s first grid-scale wind, solar, and waste-to-energy ventures.
