Government Revenue Rises 18% amidst High Spending in Early 2025
Sri Lanka’s state revenue rose 18% to Rs. 760.7 billion in the first two months of 2025, driven by increased tax
Continue Reading
BoC PBT up by 66%, deposit base increases to Rs. 4 Tn in 3Q-2024
In the first nine months of 2024, Bank of Ceylon skillfully navigated Sri Lanka’s complex economic terrain. Despite intense competition and global economic headwinds, the Bank achieved a remarkable profit before tax (PBT) of Rs. 37.6 billion, a substantial 66% increase over the same period in the previous year. General Manager, Chief Executive Officer, Russel Fonseka emphasized, “Our robust financial …
Continue Reading