United States Virginia change
Sri Lanka Breaking News
Sri Lanka parliament
vivalankaSri Lanka newsSri Lanka businessSri Lanka sportsSri Lanka technologySri Lanka travelSri Lanka videosSri Lanka eventssinhala newstamil newsSri Lanka business directory
vivalanka advertising
Stay Connected
Popular Searches
T20 World Cup
Sponsored Links
Sri Lanka Explorer

Asia Wealth Management recommends NDB as “buy”

Sep 19, 2011 2:35:10 PM - www.ft.lk

National Development Bank (NDB) with a branch network of 51 as at June 2011, and an asset base of Rs. 124.7 b (as at 30 June 2011) is the fifth largest private Commercial Bank in Sri Lanka (in terms of asset base). Interest income, has shown a compound average growth of 12% over a period of six years. A detailed analysis on quarterly performance for FY2010 would reveal overall interest income has declined due to continued dip in interest income earned on other interest earning assets.

Business: (Latest Stories)