Sampath Bank report slight decline in profits for 2020
Financial Performance for the Year 2020 Sampath Bank recorded a decline in Profit After Tax (PAT), from Rs 11.1 Bn in 2019 to Rs 8 Bn for the year 2020. Despite this being a 28% decline, it is nonetheless a noteworthy result against the backdrop of the COVID-19 induced economic slowdown locally and globally. Meanwhile, the Bank registered a Profit Before Tax (PBT) of Rs 11.2 Bn compared to Rs 15.5 Bn recorded in 2019, a decline of 27.9%. The PBT and PAT of the Group for the year ended 31 st Dec...
Bank Net Other Operating Income Bank Net Interest Margins Sri Lanka Development Bonds Sldbs Sri Lanka International Sovereign Bonds Slisbs Bank Term Deposit Sampath Bank
Source: lankabusinessonline.com