National Development Bank plc Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 04:45 pm IST
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National Development Bank PLC announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was LKR 5,243.733 million compared to LKR 4,540.986 million a year ago. Net income was LKR 1,733.009 million compared to LKR 1,121.398 million a year ago. Basic earnings per share from continuing operations was LKR 7.08 compared to LKR 4.82 a year ago. For the half year, net interest income was LKR 10,407.281 million compared to LKR 8,920.951 million a year ago. Net income was LKR 4,095.966 million compared to LKR 2,364.115 million a year ago. Basic earnings per share from continuing operations was LKR 16.72 compared to LKR 10.16 a year ago.
National Development Bank PLC (the Bank) is a Sri Lanka-based private commercial bank. The Bank serves the countryâs retail, small and midsize enterprise (SME) and corporate sectors through an array of lending, saving and transactional banking solutions. The Bank operates through four segments: Banking, Capital Markets, Property Investment, and Others. The Bank is engaged in providing capital market solutions and offers the entire gamut of integrated financial solutions. The Bank offers a range of investment, lending and transactional banking solutions across customer segments. The Bank operates primarily in Sri Lanka and has limited operations in Bangladesh and Mauritius. The Bank also offers services, such as card offers, loans, leasing, remittance, mobile banking, cash management, project financing, working capital finance, trade services, and treasury products.
NATIONAL DEVELOPMENT BANK PLC 
