DFCC Bank releases Annual Report; continues to revolutionize stakeholder reporting & engagement

DFCC Bank recently released its Annual Report for 2021, in line with its now standard stakeholder-centric, multi-format, multi-medium approach implemented 5 years ago.

 This unique approach to reporting has helped the bank become more stakeholder-centric, amidstan increasingly digitally connected world, and cater to the diverse requirements and preferences of its wide and varied stakeholder community.

DFCC Bank’s Annual Report consists of the following features and formats, which are unique in the industry: a comprehensive integrated annual report in HTML format targeting the diverse interests of stakeholder groupsand providing an enhanced user experience to find, record, and share information easily. 

Being more search engine efficient, this format also targets a wide audience;Alandscape-oriented, coffee table book style layout to differentiate the Annual Report look and feel from the rest of the competitors; a concise integrated annual report in PDF, print, and CD formats primarily intended for archival and statutory filing purposes;  Annual Report Snapshots in English, Sinhala, and Tamilfor public reference; andan Annual Report Updater Portal and complementaryAnnual Report Updater Appforinstant access to important post-release information.

This year, the bank’s Annual Report is presented around the theme, Designed to Excel - supported by a decorative motif of Tetris symbolizing the building blocks of a digital landscape. Discussing DFCC Bank’s stakeholder-centric, digital-first reporting philosophy, Senior Vice President / Chief Financial Officer, Chinthika Amarasekara said,“Building on our efforts to better empower our stakeholders with easy and efficient access to information, the PDF version of our Annual Report for 2021 was published in landscape orientation for the first time. 

This decision was driven by our data gathering and analytics, which discovered that the vast majority of stakeholders viewing our reports in this format did so using a tablet or desktop computer in landscape mode. Our digital-first approach has received an excellent reception from our stakeholder community, with less than 10 percent of our 10,000 plus shareholders, now requesting for a CD or printed publication by regular mail. 
This approach has also enabled us to ensure that the publication and distribution of our reports has remained carbon-neutral for over a decade, reducing our reliance on paper and logistics networks, while also delivering significant cost and time efficiencies to all.”

DFCC Bank’s digital-first reporting philosophy complements the bank’s digital strategy, which declared 2021 a ‘Year of Digital Transformation’. In line with this strategy, 2021 saw the bank make numerous digital advancements and developments across the year.