DFCC Bank’s Green Bond listed on Luxembourg Stock Exchange

DFCC Bank announced the dual listing of its historic Green Bond on the Luxembourg Stock Exchange (LuxSE) which is now displayed on the prestigious Luxembourg Green Exchange (LGX).

This milestone follows the bond’s initial issuance and listing on the Colombo Stock Exchange (CSE) in September 2024, becoming Sri Lanka’s first-ever Green Bond.

Reinforcing DFCC Bank’s leadership in sustainable finance, this achievement builds on its long-standing relationship with LuxSE, which began in 1998 with the listing of a 10-year Floating Rate Note—the first international listing of a debt security by a Sri Lankan entity. The successful dual listing of DFCC Bank’s Green Bond marks a transformative step for Sri Lanka’s financial sector, highlighting the potential of the nation’s financial instruments to attract global attention while contributing meaningfully to sustainability.

The DFCC Green Bond, which raised LKR 2.5 billion (approximately EUR 8 million), is Sri Lanka’s first capital market debt instrument dedicated to renewable energy. Its primary focus is to fund solar energy projects in support of Sri Lanka’s goal of achieving 70% electricity generation from renewable energy by 2030. While supporting this goal, the Bank aims to catalyse private investment in sustainable finance including green finance. CEO of DFCC Bank, Thimal Perera, remarked: “The dual listing of our Green Bond on LuxSE reflects DFCC Bank’s commitment to driving sustainable development in Sri Lanka.

By channeling funds into renewable energy and climate action, we aim to create lasting positive change for the nation and contribute to a greener, more sustainable future.”

“Leveraging this expertise, DFCC Bank is dedicated to assisting our customers in developing robust ESG frameworks and facilitating access to LuxSE for their funding requirements.”

Laetitia Hamon, Head of Sustainable Finance at LuxSE stated: “This issuance is a testament to the pioneering strides made by DFCC Bank in sustainable finance and highlights our commitment to international cooperation and facilitating the development of sustainable finance in Sri Lanka and other emerging markets focused on sustainable development.”

The admission of the bond on LuxSE’s Securities Official List (SOL) enhances global visibility and demonstrates DFCC Bank’s Green Bond Framework, which adheres to the International Capital Market Association’s (ICMA) Green Bond Principles, a leading international standard for sustainable finance. With more than 44,000 listed securities, including 41,000 debt instruments, from 1,750 issuers in 100 countries, LuxSE is one of the world’s leading exchanges for the listing of international debt securities

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