NSB profits soar to Rs. 6.2 b in first half National Savings Bank (NSB) recorded the highest half yearly profits in its history with an impressive Profit Before Tax (PBT) growth of 68% as compared to same period last year. The profitability for the first half for 2015 reached Rs. 6.2 billion with the increase mainly fuelled by growth in its traditional lines of business. The Profit After Tax (PAT) was reported at Rs. 3.9 billion for the first half of 2015. These profits were reported following prudent provisioning policies adopted for any adverse impact on declining gold market prices. The Bank’s Loans and Advances grew by 6.9% during this period with investments in Government Securities increasing up to Rs. 519 billion. The total assets of the Bank surpassed the Rs. 800 billion milestone by end of June indicating a growth of 4.7%. A concerted effort to aggressively mobilize deposits ...

136th BATTLE OF THE BLUES When I was invited to write an article on the Royal-Thomian by the Editor of ‘The Nation’ my thoughts went back to a Big Match supplement I was involved in a long time ago. That was in 2007. ‘The Nation’ came out with a special supplement. I remember it as the best Big Match supplement ever though I say so myself, having been part of that project. A bit of braggadocio, true enough, but that’s part and parcel of the Royal-Thomian, an event where there’s a bit of everything coming together to make a splendid entirety. ...

The Dutch Burgher Union of Ceylon Bulletin – June -July 2012 – Read the Full Article – Download the PDF of the full bulletin ...