Rs. 65 Bn. Loan Contraction
Mar 20, 2010 2:58:37 PM - thesundayleader.lk
The banking sector showed mixed signals with deposits increasing by Rs. 348 billion or 18.5% year on year (y.o.y.) last year, while loans and advances contracted by Rs. 65 billion or by 4%, a banker said.
Nations Trust Bank PLC (NTB) Director/Chief Executive officer Saliya Rajakaruna in his review of the bank’s performance attributed those to [...]