DFCC Bank Becomes First Foreign Firm to List Bond on NSE IX at GIFT City
- CNL Reporter
- June 14, 2025
- Banking and Financial, News
- DFCC Bank
- 0 Comments
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DFCC Bank PLC has become the first foreign corporate entity to list a bond on the National Stock Exchange – International Exchange (NSE IX) at GIFT City, India – marking a significant milestone in Sri Lanka’s capital markets and reinforcing DFCC Bank’s position as a regional leader in sustainable finance.
This listing completes a strategic multiple listing journey for DFCC Bank’s Green Bond, which was first issued in Sri Lanka and subsequently dual-listed on the Luxembourg Stock Exchange. The latest listing on NSE IX further strengthens the Bank’s access to international capital markets and exemplifies its commitment to scalable, cross-border sustainable finance.
The bell-ringing ceremony was held on 9 June 2025 at the Grand Mercure, GIFT City. The event was graced by International Financial Services Centres Authority (IFSCA) Chairperson K. Rajaraman, as the Chief Guest, alongside other dignitaries from the National Stock Exchange, IFSCA, and heads of banks based in GIFT City.
DFCC Bank was represented by Chief Executive Officer Thimal Perera, and Senior Vice President – Treasury, Investment and Wholesale Banking Prins Perera.
“This listing is more than a milestone – it is a signal of Sri Lanka’s readiness to engage with the region through credible, future-forward finance,” said DFCC Bank PLC Chief Executive Officer Thimal Perera.
Commenting on the listing, NSE IX MD and CEO V. Balasubramaniam said, “We are delighted to welcome DFCC Bank PLC as the first foreign corporate issuer in NSEIX and in GIFT IFSC with a secondary listing of Rs. 2.5 Billion green bonds on the Exchange”
The proceeds from the bond will be directed towards renewable energy projects, specifically for ground and rooftop-mounted Solar PV electricity generation projects. These projects conform to the Sri Lanka Green Finance Taxonomy and align with the country’s national goal of sourcing 70% of its energy from renewables by 2030.
