National Development Bank Plc operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares National Development Bank Plc with three other
companies in this sector in Sri Lanka:
sales of 26.74 billion Sri Lanka Rupees [US$173.82 million]
of which 89%
was Commercial Banking),
Nations Trust Bank Plc
(25.55 billion Sri Lanka Rupees [US$166.06 million]
of which 37%
was Retail, SME & Consumer Banking), and
Seylan Bank Limited
(38.10 billion Sri Lanka Rupees [US$247.67 million]
of which 74%
National Development Bank Plc reported sales of 33.39 billion Sri Lanka Rupees (US$217.03 million)
December of 2016.
increase of 26.1%
versus 2015, when the company's sales were 26.47 billion Sri Lanka Rupees.
This was the third consecutive year of growth at National Development Bank Plc.
Sales of Banking Income saw an increase
29.4% in 2016, from
24.96 billion Sri Lanka Rupees to 32.30 billion Sri Lanka Rupees.
Not all segments of National Development Bank Plc experienced an increase in sales in 2016:
sales of Capital Markets fell 31.7% to 1.04 billion Sri Lanka Rupees.
National Development Bank Plc also experienced decreases in sales in
Property Investment (down 6.1% to 235.38 million Sri Lanka Rupees)