Singer continues growth momentum
The Singer Group’s recently released results
showed that it continued its growth momentum. The 2012 first half
revenue increased 23 % over the prior year and 2012 first half net
profit increased by 21 %.
NTB Growth Momentum Continues
The Bank closed the first half with a post tax
profit of Rs. 893Mn, surpassing the comparative period of last year
by 21%. Core-earnings posted good growth over 2011 with revenue
increasing at a higher rate of 13%, compared to an expense growth of
11%. The performance was primarily driven by four strategic business
units comprising of Retail & SME, Credit Cards, Corporate Banking
and Treasury, which recorded both volume growth and profit growth
for the period.
Commercial Bank awarded Gold at National HRM Awards 2012
Sri Lanka’s largest private bank, the Commercial
Bank of Ceylon was one of 10 leading corporate entities to be
awarded Gold at the 2012 National HRM Awards presented by the
Association of Human Resource Professionals in partnership with Aon
Hewitt, a global HR consultancy firm.