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Healthy performance across all its businesses:
BoC post tax profit up 92 percent to Rs. 979m in 1Q, 2009
Despite trying economic conditions, the
state-owned Bank of Ceylon (BoC), the largest diversified financial
institution in Sri Lanka, recorded a healthy performance across all
its businesses in the three months to March 31, 2009. Performance
for the first quarter 2009 shows pre-tax profits at Rs. 1,430
million compared to Rs. 812 million for the corresponding period in
2008, an increase of Rs. 618 million or 76 percent.
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NDB Group records 30 percent growth in overall profits
Bank’s stability reaffirmed in first quarter:
The profit before and after tax also showed a
significant growth of 22 percent and 20 percent during the same
period. The financial conglomerate’s commendable performance comes
in the wake of the challenging global and local economic
environment.
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Need for national HR policy stressed:
‘Recruit disabled soldiers in private sector’
There should be a legitimate structure for the
private sector to recruit disabled soldiers for their workforce,
said President, Institute of Personnel Management Sri Lanka (IPM)
Lalith Wijetunge.
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