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Consumer confidence drop to a new low in April: IHP

Consumer confidence drop to a new low in April: IHP
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Sri lankaSri lankanSanath manatungeBank groupTieri bankBank tierColombo stock exchangeFinancial servicesBank is sri lankaBank cost to income ratioCommercial bank groupCommercial bankCommercial bank chairmanAnanda jayawardaneManaging directorGovernment securities

ComBank Group navigates devaluation impact in complex Q1 performance - Adaderana Biz English

ComBank Group navigates devaluation impact in complex Q1 performance - Adaderana Biz English
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ComBank Group navigates devaluation impact in complex Q1 performance

Total assets cross Rs 2 Tn., first private sector bank to achieve the milestone Mainly influenced by Rupee devaluation, loan book grows by Rs 133 Bn., deposits by Rs 234 Bn. in 3 months 3-month net operating income up 66% to Rs 28.3 Bn. Posts other operating income of Rs 11.3 Bn. primarily

Sri lankaSri lankanSanath manatungeBank groupTieri bankBank tierColombo stock exchangeFinancial servicesBank is sri lankaBank cost to income ratioCommercial bank groupCommercial bankCommercial bank chairmanAnanda jayawardaneManaging directorGovernment securities

Mission focus helps ComBank Group end tough 2021 with solid growth

The Commercial Bank Group has ended 2021 with gross income of Rs 163.675 billion, an improvement of 7.70%, with interest income accounting for more than 80% of the top line in a year of mixed fortunes. The Group, comprising the Commercial Bank of Ceylon PLC – Sri Lanka’s largest private sector bank – its subsidiaries […]

Sri lankaJusticek sripavanBank groupFinancial servicesGroup ceos renganathanCommercial bank groupCommercial bankCollective agreementSurcharge taxCommercial bank chairman justiceBank managing directorTreasury bonds

Another attempt to delist Property Development, offer price up by 40%

Property Development PLC (PDL), the Bank of Ceylon (BOC) subsidiary owning its headquarters building in once again attempting to delist from the Colombo Stock Exchange offering its minority shareholders Rs. 183 per share – a substantial increase from the previous Rs. 130 price offered five years ago. BOC is the predominant shareholder of PDL owning […]

Sri lankaJusticek sripavanBank groupFinancial servicesGroup ceos renganathanCommercial bank groupCommercial bankCollective agreementSurcharge taxCommercial bank chairman justiceBank managing directorTreasury bonds