interest Archives - Lanka Business News

October 15, 2024

Colombo, 15 October 2024 – Sampath Bank PLC proudly announces its participation in a significant financial milestone, contributing to the $750 million senior unsecured syndicated term loan facility for the State Bank of India (SBI), facilitated by Mashreq, one of the leading financial institutions in the MENA region. This collaboration highlights Sampath Bank’s commitment to […]

April 9, 2024

Enjoy a flexible yet structured savings plan from DFCC Bank that helps you easily reach your financial goals. Designed to empower customers with high-return short-term savings plans, DFCC Savings Goal promises a personalised savings experience coupled with flexibility and attractive interest rates of 7% p.a. This competitive rate, available exclusively through DFCC Online Banking until […]

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 […]

August 16, 2023

Commercial-Bank-Chairman-Prof.-Ananda-Jayawardane-Managing-Director-and-CEO-Mr-Sanath-Manatunge-LBN.jpg

Gross Income improves by 40.29% to Rs 167.668 Bn. Interest income up 71% to Rs 150.8 Bn, but interest expenses surge 139% to Rs 113.3 Bn. Appreciation of Rupee continues to impact loan book, deposits and assets The Commercial Bank of Ceylon Group has reported gross income of Rs 167.668 billion including […]

Sampath Bank Strengthens Global Ties with $750 Million Investment in SBI Syndicated Loan

DFCC Savings Goal – A Structured Pathway to Achieving Dreams with Ease and Flexibility Lock in 7% Interest on DFCC Savings Goals Only Until 30th April 2024

Seylan Bank records a strong Performance, despite a challenging environment

ComBank Group remains resilient in volatile first half of 2023