Clean Slate

Standing left to right – Mr. Dinesh Jebamani (Chief Manager Liability Product Management and New Age Media – Seylan Bank), Mr.Sudesh Peiris (Senior Manager – Digital Banking Channels – Seylan Bank), Ms. S.Senevirathne (Representative of the Revenue Department – Western Province), Mr. Tilan Wijeyesekera (Deputy General Manager – Retail Banking – Seylan Bank) and Mr. Malik Wickremanayaka (Deputy General Manager – Operations – Seylan Bank)

Hatton National Bank has become stricter in classifying its non endash performing loans, adding Rs 9 bn to the category.
rnrnrnrnrnrnNew Page 1rnrnrnrnrn

GrossrnNPLs climbed to a massive Rs. 14.3 bn up from just Rs 5.1 bn reported lastrnyear.

rn

In arncurious move, part of the classification came as a lquote correction to the 2001rnaccounts, which were adjusted from Rs 5.1 bn to Rs 8.7 bn without explanation.

rn

It was notrnclear from the annual report whether the interest component relating to thernprior year items was also included in the n