DFCC Bank, the premier commercial Bank in Sri Lanka, implemented a program to recognize key cinnamon exporters and the significant contributions made by the exporters and their value chain, and to commemorate their hard work in increasing foreign exchange flows into the country.
Through the recognition program, DFCC Bank provided customized export financing solutions to cinnamon exporters after a period of engagement to best understand their requirements. The program follows the on-boarding of several key players in the cinnamon production and export industry further to engagements carried out by selected branches. The solutions provided by DFCC Bank have thus far been well utilized enabling a significant increase in the sector’s business volume. The Bank’s customize MSME supplier financing product was also rolled out to the cinnamon sector targeting the supply chain of export clients, to ensure better productivity and output.