Sri Lanka, May 15 -- Loan book grows by Rs 116.75 Bn. in 3 months to Rs 1.642 Tn.
Net interest income up 23.53% to Rs 34.21 Bn.
Improves provision cover and interest margin alongside balance sheet growth
Reports 3-month PBT of Rs 22.56 Bn. and PAT of Rs 14.97 Bn., with taxes amounting to Rs. 11.61 Bn.
The Commercial Bank of Ceylon Group has made a characteristically strong start to 2025, recording healthy profit and balance sheet growth in the first quarter of the year.
Comprising of Sri Lanka's largest private sector bank, its subsidiaries and an associate, the Group reported in a filing with the Colombo Stock Exchange (CSE) that assets reached Rs 2.999 trillion as at 31st March 2025.
Gross income for the quarter grew by 9.85% to Rs ...