NTB Growth Momentum Continues

Global News ― 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. ∙ Ronnie Peiris, [...].