Hatton National Bank PLC (HNB) continued its growth momentum to post a group Profit before VAT & NBT of Rs 20.7 Bn while the PBT and PAT improved to Rs 16.8 Bn and Rs 11.8 Bn respectively for the first nine months of the year while group assets crossed Rs 1 Tn. PBT at Bank level surpassed Rs 15 Bn and PAT was recorded at Rs 10.9 Bn.
The Commercial Bank of Ceylon has been honoured on the international stage with two more prestigious awards, being adjudged ‘Best Green Bank’ and ‘Best Private Bank’ in Sri Lanka by International Finance Magazine (IFM) of the UK, which is read in over 185 countries worldwide.
The automated teller machine (ATM) network of the Commercial Bank of Ceylon achieved a milestone this week with the commissioning of its 700th ATM terminal at MAS Intimates Vidiyal in Kilinochchi.
The Singer Group announced results for the nine months ending September 30th 2017 with revenues increasing to Rs. 37.0 billion, an increase of 12% compared to the same period last year, demonstrating resilience by growing competitively and consistently in tough market conditions.
Sri Lankan start-up incubation and acceleration platform, Hatch, announced plans for the launch of the island’s single largest co-working office space designed exclusively for start-ups to collaborate, create and grow.
Surplus.lk, Sri Lanka’s newest online platform dedicated to the needs of buyers and sellers in the engineering sector was recently launched.
Hayleys Fabric made a profit of USD 95,854/- during the second quarter ended 30th September 2017.
The Commercial Bank of Ceylon, the largest financier to Sri Lanka’s small and medium enterprise (SME) sector, has launched a business club to provide the sector’s entrepreneurs extensive networking opportunities and a range of other benefits.
Sri Lanka’s most digitally innovative bank, HNB PLC, extended its remarkable winning legacy in 2017, receiving two awards at the recently concluded 19th annual National Best Quality Software Awards 2017 (NBQSA) 2017.
The Bank closed the 9 months ending 30th September 2017 with a post-tax profit of Rs.3,002 Mn, a moderate growth of 6% over the corresponding period last year.
The Commercial Bank of Ceylon recently received the Global Finance award for Sri Lanka’s Best Bank in 2017 at an awards ceremony at the National Press Club in Washington DC during the IMF/World Bank Annual Meeting.
