Seylan Bank Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Seylan Bank Limited with three other
companies in this sector in Sri Lanka:
National Development Bank Plc
sales of 51.82 billion Sri Lanka Rupees [US$296.43 million]
of which 98%
was Banking Income),
(39.34 billion Sri Lanka Rupees [US$225.00 million]
of which 94%
was Commercial Banking), and
Nations Trust Bank Plc
(42.98 billion Sri Lanka Rupees [US$245.87 million]
of which 23%
was Sme banking).
Seylan Bank Limited reported sales of 54.71 billion Sri Lanka Rupees (US$312.97 million)
December of 2018.
increase of 10.9%
versus 2017, when the company's sales were 49.34 billion Sri Lanka Rupees.
This was the third consecutive year of growth at Seylan Bank Limited.
Sales of Treasury saw an increase
that was more than double the company's growth rate: sales were up
88.1% in 2018, from
4.02 billion Sri Lanka Rupees to 7.56 billion Sri Lanka Rupees.
Not all segments of Seylan Bank Limited experienced an increase in sales in 2018:
sales of Property/investments fell 45.3% to 46.05 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Seylan Bank Limited also experienced decreases in sales in
Eliminations/unallocated (down 3.2% to 2.19 billion Sri Lanka Rupees)