assets Archives - Lanka Business News

February 22, 2024

Bank’s Financial Performance Financial Highlights Profit before Income Tax – LKR 10.080 Bn Profit after Income Tax – LKR 6.256 Bn up by 33%. Total Assets reached to LKR 718 Bn with a YoY growth of 7% Overall Statutory Liquid Assets Ratio (SLAR) of 38% as at 31 December 2023 Total Capital Adequacy Ratio of […]

November 14, 2023

Co-operative Insurance Company PLC reports total assets valued at Rs. 10 billion at the end of third quarter in 2023 Established in 1999 with the primary objective of extending insurance coverage to the rural population of Sri Lanka, Cooperative Insurance PLC has emerged as a prominent player in the insurance sector, garnering […]

July 7, 2023

Sri Lanka’s life insurance market leader Ceylinco Life achieved several noteworthy milestones in financial performance in May this year, emphatically demonstrating the Company’s financial strength. Total assets surpassed the Rs 200 billion mark, growing by 17.9 billion or 9.4 per cent in the five months since 31st December 2022 to reach Rs […]

November 4, 2022

● 25% p.a as at 25th October 2022 for account holders at NDB Wealth ● NDB Wealth Money Fund – an alternative to Savings Accounts Colombo, Sri Lanka, November 2022 – NDB Wealth Money Fund is the Largest Unit Trust Fund with Rs. 35.8 Billion assets under management in the industry as per […]

Seylan Bank records a strong Performance, despite a challenging environment

Co-operative Insurance continues exceptional journey in 2023

Ceylinco Life marks milestone May with assets topping Rs 200 bn. & equity crossing Rs 50 bn

NDB Wealth Management Money Fund: The largest Unit Trust in Sri Lanka