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Jayantha S B Rangamuwa to lead Pan Asia bank as new Chairman; Aravinda Perera appointed Deputy Chairman

Jayantha S B Rangamuwa to lead Pan Asia bank as new Chairman; Aravinda Perera appointed Deputy Chairman
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

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Unilever Sri Lanka expands uStore.lk footprint on Viber

Unilever Sri Lanka expands uStore.lk footprint on Viber
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

New Zealand , United Kingdom , Sri Lanka , Sri Lankan , Jayantha Sb Rangamuwa , Aravinda Perera , Jayantha Rangamuwa , Sri Lanka Institute Of Credit Management , Diploma In Finance Administration , Institute Of Management , Association Of Professional Bankers Sri Lanka , Board Of Pan Asia Bank , Institute Of Management Accountants Australia , Institute Of Chartered Accountants Sri Lanka , Singer Finance Lanka , Certificate In Foundation , Sampath Bank , Institute Of Bankers , Postgraduate Institute Of Management Alumni , Truly Sri Lankan Bank , Institute Of Management Accountants United Kingdom , Vallibel Properties Pvt Ltd , University Of Southern Queensland , Fentons Ltd , Sri Jayewardenapura University , Mercantile Investments ,

Jayantha Rangamuwa to lead Pan Asia bank as new chairman; Aravinda Perera appointed deputy chairman

Jayantha Rangamuwa to lead Pan Asia bank as new chairman; Aravinda Perera appointed deputy chairman
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

New Zealand , United Kingdom , Sri Lanka , Sri Lankan , Jayantha Sb Rangamuwa , Aravinda Perera , Jayantha Rangamuwa , Sri Lanka Institute Of Credit Management , Diploma In Finance Administration , Institute Of Management , Association Of Professional Bankers Sri Lanka , Board Of Pan Asia Bank , Institute Of Management Accountants Australia , Institute Of Chartered Accountants Sri Lanka , Singer Finance Lanka , Certificate In Foundation , Sampath Bank , Institute Of Bankers , Postgraduate Institute Of Management Alumni , Truly Sri Lankan Bank , Institute Of Management Accountants United Kingdom , Vallibel Properties Pvt Ltd , University Of Southern Queensland , Fentons Ltd , Sri Jayewardenapura University , Mercantile Investments ,

Seylan Bank records Rs. 1bn PAT in 2021 Q1 despite Covid challenges

Seylan Bank made a steady start in 2021 by posting a Profit After Tax (PAT) of LKR 1bn in Q1 2021 amidst macro-economic challenges brought in by the COVID-19 pandemic.
Interest income recorded a decline due to the lower interest rates and moderate book growth but net interest margin showed a marginal increase over the corresponding period in 2020 due to lower financing costs.
Net Fee & Commission Income increased marginally to LKR 1.2bn from LKR 1.0bn, recording a YoY growth of 17.41% due to enhanced trade and guarantee volumes compared to the previous year.
The Total Operating Income growth of 22.25% predominantly driven by net gains reported from de-recognition of financial assets which increased to LKR 185.2mn from LKR 69.6mn in 1Q 2020 and the other operating income increased by LKR 858.8Mn mainly due to increase in exchange income. On the flip side, trading activities reported a loss of LKR 611.4mn mainly due to market to market loss on derivatives which contracte ....

New Zealand , United Kingdom , Sri Lanka , Sri Lankan , Jayantha Sb Rangamuwa , Aravinda Perera , Jayantha Rangamuwa , Sri Lanka Institute Of Credit Management , Diploma In Finance Administration , Institute Of Management , Association Of Professional Bankers Sri Lanka , Board Of Pan Asia Bank , Institute Of Management Accountants Australia , Institute Of Chartered Accountants Sri Lanka , Singer Finance Lanka , Certificate In Foundation , Sampath Bank , Institute Of Bankers , Postgraduate Institute Of Management Alumni , Truly Sri Lankan Bank , Institute Of Management Accountants United Kingdom , Vallibel Properties Pvt Ltd , University Of Southern Queensland , Fentons Ltd , Sri Jayewardenapura University , Mercantile Investments ,