HNB Group records Rs. 3.2 bn profit in 2007
Hatton National Bank, its subsidiaries and
associate companies continued with its impressive performance for
the third consecutive year in 2007 by reporting a 47.5% increase in
pre tax profits to Rs. 4,566 million. Post tax profit attributable
to the group was Rs 3,199 million which was a 40.5% increase over
2006.
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ComBank to tie-up with Bangladesh banks for retail banking
Commercial bank is targeting the incoming
remittances to the country through their e-banking system. The
e-banking customers vary from time to time and its very seasonal for
us, MD Commercial Bank, Amita Goonaratne, said.
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Com Bank delivers exceptional results for '07
Group normalised post-tax profit up 46.9% to
Rs. 4.1 billion; capital adequacy ratios up, well above statutory
requirements
Strong balance sheet growth, better management
of interest margins and a significant contribution from its
operations in Bangladesh have enabled the Commercial Bank of Ceylon
PLC to overcome the adverse market conditions of 2007 and post
noteworthy growth in all key performance indicators in the concluded
financial year.
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