People’s Bank forges ahead with optimism; reports Rs. 11.4 b consolidated pre-tax profit for 9 months
(Chairman Sujeewa Rajapakse (left) CEO/General Manager Clive Fonseka) People’s Bank yesterday announced the results for its nine-months period ended 30 September 2023, with total consolidated operating income and pre-tax profit was Rs. 67.6 billion and Rs. 11.4 billion, respectively. Due to the higher cost of term deposit funding, which stemmed from the high interest rate […]