Businesscafe - Ceylinco Life has achieved the milestone of two decades of unbroken market leadership in Sri Lanka’s life insurance industry, posting impressive premium income and consolidated income growth in the year ending 31st December 2023. ...
Businesscafe - Sri Lanka’s market leader in wood coatings and paint brushes, and emerging regional conglomerate, JAT Holdings PLC recently released its financials for Q3 of FY 2023/24, reflecting a resilient performance amidst adverse market conditions. ...
  Businesscafe - Sri Lanka Insurance Corporation General Ltd. (SLICGL), the general insurance subsidiary of Sri Lanka Insurance Corporation Ltd. (SLIC), is entering a new phase of growth and innovation following its official segregation on February 1st, 2024. ...
Businesscafe - Nations Trust Bank reported strong performance to close the financial year ending 31 December 2023, demonstrating steady growth amidst prevailing macroeconomic conditions. ...
  Businesscafe - First Capital Holdings PLC (the Group), a leading investment institution, and a member of the Janashakthi Group, announces its strong financial results for the nine months ended December 31, 2023. ...
  Businesscafe - The Commercial Bank of Ceylon Group lent Rs 56.816 billion in the fourth quarter of 2023 at a monthly average of Rs 18.939 billion to end the year with a loan book of Rs 1.296 trillion, continuing its trend of strong lending growth in support of economic revival. ...
Businesscafe - Softlogic Life, recorded robust FY23 performance, posting Gross Written Premium (GWP) of Rs. 26.3 Bn for the period ended 31st December 2023, with an increase in top-line growth of 14% versus the past year and compared to industry growth of 12%. ...

DFCC Bank Resilient Amidst Economic Headwinds

Published in Money
Wednesday, 21 February 2024 13:33
Businesscafe - In a demanding banking landscape, DFCC Bank demonstrated resilience amidst significant local economic disruptions. ...
Businesscafe - The Net Interest Income of the Bank was reported as LKR 40.1 Bn in 2023 compared to LKR 40.5 Bn reported in 2022, a slight 1% drawback due to volatility in interest rates during the year. ...
Businesscafe - Hatton National Bank PLC (HNB) showcased strong and sustainable performance in 2023, in all aspects namely liquidity, asset quality, capital, efficiency and profitability amidst global and local economic uncertainties. ...