Sri Lanka’s Commercial Bank net up 32-pct in September quarter, credit grows ECONOMYNEXT – Sri Lanka’s Commercial Bank of Ceylon, which also has a unit in Bangladesh reported profits of 16.59 billion rupees, up 32 percent from a year amid with credit growing 25 percent over the six months. Commercial Bank reported earnings of 10.18 rupees for the quarter. In the nine months to September earnings were 29.05 rupees per share on total profits of 47.3 billion rupees, up 52 percent. Interest income grew 10.3 percent to 74.8 billion rupees, interest expense grew 7.23 percent to 40.2 billion rupees and…
Sri Lanka’s Commercial Bank net up 32-pct in September quarter, credit grows
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