DFCC Bank has been assigned by The Oman Development Bank (ODB) to undertake a consultancy assignment to recommend a comprehensive road map for launching deposit products, the Sri Lankan bank said on Tuesday.
The only state-owned and funded development finance institution in the Sultanate of Oman, ODB invited proposals from international consultants to select a suitable consultant to handle the assignment. DFCC Bank competed with several international bidders and was selected on its strength and track record as a development finance institution that has traveled the same road successfully, the Sri Lankan bank said in a statement.
It said that in recent times DFCC has leveraged its considerable expertise gained as a DFI (development finance institution) to provide consultancy services both in Sri Lanka and overseas. Recent overseas consultancy assignments include mini hydropower development related work for the Department of Energy of the Philippines and the Energy for Rural Transformation Project in Uganda.
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