Srilanka, Nov. 12 -- As the September quarter earnings season has entered its final stretch, DFCC Bank PLC reported some solid numbers for the three months, supported by the robust growth in new loans, higher fee incomes and lower impairments.

The bank gave Rs.27.4 billion in new loans in the July-September quarter, bringing the nine-month growth in the loan book to a robust Rs.100.27 billion or a 22.7 percent growth to Rs.541.18 billion by the end of the quarter.

The bank reported a net interest income of Rs.7.82 billion for the same three months, up 11 percent from the same period last year while the provisions against the possible bad loans fell by a sharp 47 percent to Rs.864.39 million, reflecting the rising confidence in the bank ...