The financial year ended 31 December 2016 was the first full year of operations after the amalgamation of DFCC Bank with DFCC Vardhana Bank on 1 October 2015. The amalgamated bank was expected to reach new financial and other thresholds as a result of a successful blending of development banking and commercial banking, and significant synergies. This was borne out by the record results for the period where DFCC’s Profit After Tax (without extraordinary capital gains) crossed the Rs. 3 billion mark for the first time in the bank’s history. It was a year in which DFCC excelled in several metrics such as financial performance, employee engagement and brand enhancement.