ECONOMYNEXT – Profits at Sri Lanka’s Nations Trust Bank jumped 48 percent from a year ago to 6.1 billion rupees helped by higher net interest income, while the Bank expects its acquisition of HSBC’s retail banking business to be a catalyst for the next phase of growth. NTB reported earnings of 18.50 rupees for the quarter. For the nine months to September, NTB reported earnings of 45.10 rupees on total profits of 14.9 billion rupees, which were up 23 percent. Income from net fee and commission gained 18 percent to 2,335 billion rupees. Gains from trading jumped 184 percent to…
Sri Lanka Nations Trust Bank net up 48-pct in September quarter
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