DFCC Bank issues Sri Lanka's first Blue Bond, charting a new course for sustainability

DFCC Bank has launched Sri Lanka’s first-ever Blue Bond, a landmark LKR 3 billion issuance dedicated to financing projects that protect and sustain the country’s most vital resource — the ocean.

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Thimal Perera, Director, Chief Executive Officer

This pioneering bond, carrying an expected rating of ‘A(EXP)(lka)’ from Fitch Ratings, will support projects in clean drinking water infrastructure, sustainable marine fisheries and aquaculture, marine renewable energy, eco-friendly coastal tourism, wastewater management, climate adaptation for coastal communities, and clean marine transportation. It adheres to the International Capital Market Association’s (ICMA) Green, Social, and Sustainability Bond Principles and emerging Blue Bond guidelines, with transparency, a clearly defined use of proceeds, and measurable outcomes at its core.