Banking Archives - Page 8 of 122 - Lanka Business News

November 19, 2024

Customer deposits cross Rs 1.6 Tn Contribution to Government revenue by way of taxes exceeds Rs 25 Bn for 9M Continues to maintains strong capital and liquidity levels Asset quality further strengthened with net stage 3 ratio at 3.32% and provision coverage ratio at 60% HNB Group recorded a PAT of Rs 23.7 Bn growing […]

November 19, 2024

Up to 50% off on ComBank credit and debit card purchases at 4000+ retail outlets this season As festive shopping begins to dominate consumer thoughts, the Commercial Bank of Ceylon has unveiled its annual year-end discounts bonanza for credit and debit card holders, heralding another season of great bargains. The Bank has announced that 4,000 […]

November 18, 2024

Prof. P.N.D. Fernando officially took over as Chairman of People’s Bank on 18th November 2024 at a ceremony held at the bank’s Head Office attended by CEO/GM of People’s Bank, Clive Fonseka and the bank’s senior management. Prof. Fernando brings with him over 25 years of experience in finance, banking, and higher education. He has […]

November 18, 2024

November 18, 2024

Nations Trust Bank is proud to be the first in Sri Lanka to introduce the Touch Card, an initiative implemented by Mastercard. The Touch Card is specially designed to aid visually impaired and partially sighted cardholders. This innovative card enhances the banks range of debit cards and underscores its commitment to enhancing customer experiences that […]

November 14, 2024

Financial Performance Summary Sampath Bank reported a profit before tax (PBT) of Rs 29.9 Bn and a profit after tax (PAT) of Rs 17.8 Bn for the nine months ending 30th September 2024, despite an exchange loss of Rs 3.6 Bn due to the LKR’s appreciation. This reflects a year-on-year growth of 36% in PBT […]

November 14, 2024

November 14, 2024

Advances surpass LKR 100 billion milestone, with a growth of 16% Amãna Bank continued its strong financial performance as it closed the 9 months ending 30 September 2024 with a Profit Before Tax of LKR 1.98 billion, reflecting a 18% YoY increase compared to LKR 1.68 billion recorded for the corresponding period of 2023. Showcasing […]

November 14, 2024

Commercial-Bank-Chairman-Mr-Sharhan-Muhseen-Managing-Director-and-CEO-Mr-Sanath-Manatunge-LBN.jpg

Loan book up by Rs 121.06 bn. in 9 months, with 44.20% of growth coming in Q3 CASA ratio improves to 39.60% at 30th 2024 Net interest income up 46.15% to Rs 88.98 bn. Total taxes for 9 months double to Rs 27.67 bn. The Commercial Bank of Ceylon Group has achieved impressive growth at […]

November 14, 2024

Operating Income of LKR 36 Bn. up 3% YoY Profit After Taxes of LKR 12 Bn. up 29% YoY Total Capital Adequacy Ratio of 17.12%, Return on Equity 24.25% Nations Trust Bank PLC reported a strong performance for the nine months ending 30th September 2024, achieving a Profit After Tax (PAT) of LKR 12 Bn, […]

HNB records a Group PBT of Rs 38.7 Bn for the first nine months of 2024

ComBank spikes shopping fever with biggest card promo to date

Prof. P.N.D. Fernando Assumes Duties as the New Chairman of People’s Bank

Rates Quoted By Commercial Banks For Telegraphic Transfers – 18.11.2024

Nations Trust Bank introduces Sri Lanka’s first debit card with innovative notch design for the visually impaired

Sampath Bank reported a profit after tax (PAT) of Rs 17.8 Bn, reflecting a year-on-year increase of 44%

Rates Quoted By Commercial Banks For Telegraphic Transfers – 14.11.2024

Amãna Bank Delivers Strong 9-Month Performance; Profits up 26% to cross LKR 1 Bn

ComBank accelerates lending in Q3 as strong fundamentals spur growth

Nations Trust Bank PLC records strong 3Q 2024 performance with 24% ROE