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Seylan Bank records Rs. 543.301 Mn. Profit after Tax in 2009

Mar 11, 2010 6:39:01 AM - thecolombotimes.com

Seylan Bank recorded a Rs. 543.301Mn Profit after Tax for 2009 representing an increase of 250% over the previous financial year. During the same period, the Bank’s cost-to-income ratio showed a marked improvement decreasing from 75.79% to 67.82%, while the total capital adequacy ratio – under severe pressure during the end 2008 crisis – rose from 8.06% to 11.74%.