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DFCC Bank Becomes First Foreign Entity to List Green Bonds on NSE International Exchange (NSE IX).

Banking & Finance | Dated: 15 Jun 2025

On 9 June 2025, Colombo (Sri Lanka)-based DFCC Bank PLC became the first foreign corporate entity to list Green Bonds worth Sri Lankan Rupee (LKR) 2.5 billion on the National Stock Exchange International Exchange (NSE IX) at Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), Gujarat.

🎯 Key Highlights:

  • - The listing event was graced by K. Rajaraman, Chairperson of the International Financial Services Centres Authority (IFSCA); V. Balasubramaniam, Managing Director (MD) & Chief Executive Officer (CEO) of NSE IX; Thimal Perera, CEO of DFCC Bank; and Prins Perera, Senior Vice President of Treasury, Investment and Wholesale Banking at DFCC Bank.

💡 Other Important Facts:

  • (i) The raised funds will be used to finance solar energy projects, including ground and rooftop installations in Sri Lanka, supporting the country’s goal of achieving 70% renewable electricity generation by 2030.
  • (ii) The bonds comply with the Sri Lanka Green Finance Taxonomy (SLGFT) and align with the International Capital Market Association’s Green Bond Principles (ICMA GBP).
  • (iii) Mumbai (Maharashtra)-based Tata Asset Management Private Limited (TAMPL), a part of the Tata Group, also received approval from the IFSCA to operate as a Regional Fund Management Entity (FME) – Retail at GIFT IFSC.

📚 Test Your Knowledge:

Recently, which foreign bank became the first to list green bonds on NSE International Exchange (NSE  IX)?

Correct Answer: DFCC Bank

🚀 Quick Recap:

About DFCC Bank PLC

  • Chairman: Jegatheesan Durairatnam
  • Headquarters: Colombo, Sri Lanka