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Saturday, 14 August 2010

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Surge in housing loans

Low interest regime helps many:

The housing loan interest rate which was reduced last October has fuelled growth in the lending market. The reduction of interest rate over time has increased the demand for housing loans.

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HNB Group posts Rs 1.89 b profit

First half results outstanding:

Hatton National Bank PLC, recorded a pre tax profit of Rs 2.89 billion in H1 2010 in comparison to Rs 2.72 billion in the corresponding period 2009 despite pressures on interest margins

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NDB Group posts healthy results in first half

Profit after tax tops Rs 762 million:

The NDB Group’s profit after tax for the second quarter ended June 30, 2010 grew to Rs 762 million. Commenting on the Bank’s performance, CEO Russell De Mel said what is important to the stakeholder is sustainable profits

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Local contractors seek more work

Local construction companies should be given at least a 35 percent share of major development projects to sustain in the industry, NCASL Chairman Ranjith Goonatilake said.

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HNB headoffice building



 
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