LOAN FROM MIDDLE EAST TO FUEL OFFSHORE EXPANSION PLANS
DFCC Bank successfully raised funds in the Middle East, on the strength of its credentials and track record established over 61 years. Witnessing growth across all its sectors, DFCC Bank has evolved into a technology-backed modern commercial bank that meets the aspirations of both its commercial and development clients. This loan will provide a springboard for the bank to strengthen its offshore presence, while tapping into new markets. The bank has been an innovator in the industry, and this infusion of capital will help fuel its long-term expansion plans. A three-year US Dollar term loan facility has been secured by DFCC Bank from National Bank of Ras Al-Khaimah (RAKBANK), UAE.