DFCC Bank is to merge with its subsidiary DFCC Vardhana Bank (DVB), the two entities said in a joint filing to the Colombo Stock Exchange (CSE). The Board of Directors of DFCC and DVB have decided that it would be in the best interests of both banks, its shareholders and other stake holders to amalgamate DFCC and its 99.2%-owned subsidiary, DVB, to continue their activities as a single legal entity, which is a licensed commercial bank. |
Registration with the Sri Lanka FINANCIAL CHRONICLE would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..
All information contained in this forum is subject to Disclaimer Notice published.
Thank You
FINANCIAL CHRONICLE
www.srilankachronicle.com