Lankaputhra Development Bank appoints new chairperson
Ramani KANGARAARACHCHI
The Lankaputhra Development Bank will continue to play its role as a
development bank while positioning for a dynamic return to a higher
profitability in the coming year, the newly appointed chairperson of the
bank Kumudiny Kulatunga said.
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Kumudiny Kulatunga assuming duties |
She said that the bank has made Rs 2.2 million profit in 2010 and
expect better results in 2011 in keeping with the expectations of all
stakeholders.
Kulatunga hoped her longstanding knowledge and experience in the
banking sector could be utilized to bring the bank to greater heights in
the coming years.
She said the lending will be increased this year as the bank cater to
the development of agricultural and industrial sectors of the rural
economy.
Lankaputhra Bank, General Manager Lasantha Amarasekera said the bank
has so far given Rs 2.5 billion worth of loans to rural economy. He said
that a five year corporate plan is in progress and with the
implementation of that this year is going to be a turning point. The
lending growth was slow during the last year but it will disperse Rs 2
billion worth of loans next year, he said.
The chairperson counts over three decades of service with the Bank of
Ceylon in many areas in the country . |
