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Soneri Bank posts impressive results for HY 2023

Soneri Bank posts impressive results for HY 2023
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SoFi Shares Climb Following Positive Q2 Earnings Report

SoFi Shares Climb Following Positive Q2 Earnings Report
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Union Bank posts strong income growth in 1Q2023

The first quarter of 2023 witnessed continued positive sentiments in Sri Lanka’s economic activity with the IMF approved Extended Fund Facility (EFF). Significant exchange rate appreciation, moderating inflation, a notable drop in T-bills rates and selective easing of import restrictions resulted in the Banking sector to re-align its business focus. At a time when the […]

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Union Bank posts strong income growth in 1Q2023 - Adaderana Biz English

The first quarter of 2023 witnessed continued positive sentiments in Sri Lanka’s economic activity with the IMF approved Extended Fund Facility (EFF). Significant exchange rate appreciation, moderating inflation, a notable drop in T-bills rates and selective easing of import restrictions resulted in the Banking sector to re-align its business focus. At a time when the.

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Union Bank records strong revenue growth in FY2022 despite challenges

Union Bank continued to be resilient throughout 2022 leveraging on its strong capital position and remained agile, posting an increased overall income leading to an improved core-banking performance during the year. The Bank’s gross income for the year increased significantly by 73% to LKR 18,966 MN as a result of the Bank cautiously managing its […]

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