Latest Breaking News On - Debt repayment levy - Page 1 : comparemela.com

Income Statement Interest Income of the Bank stood at LKR 52.3Bn while interest expenses stood at LKR 32.8Bn reflecting a Net Interest Income (NII) of LKR 19.5Bn with an annual growth of 4.6% in the year under review. The main contributor for NII was the loans and advances portfolio that generated interest income of LKR 41.7Bn during the year whilst the Treasury operations generated LKR 8.5Bn in interest income. Interest expenses on deposits stood at LKR 27.8Bn recording a decline from LKR 30.7Bn from the previous year. Deposits that were re-priced during the year helped the Bank to reduce its funding cost.

Expenses of the bankNet fee commission incomeSeylan bankBank cost to incomeFinancial servicesBank common equity tierInterest income of the bankProfit after taxNet interest incomeInterest marginCommission incomeTotal operating incomeOperating expensesNation building taxDebt repayment levyProfit before tax