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Large foreign banks see profits plunge

Large foreign banks operating in Bangladesh took a hit in 2021 as their profits plunged due to the impacts of the coronavirus pandemic and the lower interest rate regime. ....

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Sri Lanka's Commercial Bank net down 11-pct in Dec 21 amid loan losses

- Profits at Sri Lanka s Commercial Bank of Ceylon group fell 11 percent to 5.2 billion rupees in the December 2021 quarter, as loan losses went up despite gains in net interest income, interim accounts showed. ....

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Sri Lanka's Commercial Bank says its QR code app draws 100,000 users

Sri Lanka's Commercial Bank says its QR code app draws 100,000 users
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Sri Lanka's Commercial Bank net up 52-pct in June quarter

Sri Lanka s Commercial Bank of Ceylon, the largest private bank by assets said profits grew 52 percent to 5.5 billion rupees in the June 2021 quarter from a year earlier, with net interest income and fees growing. ....

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