Hungry For More

rnrnldblquote We are not interested in acquiring a branch network. It is more in terms of a portfolio purchase to expand our local corporate base dblquote , Jayarwardene said.

rnrnAccording to provisional numbers just released, Citibank quote s profit before tax rose 35 percent to Rs. 452 mn for the year ended December 31, 2001, on a Rs. 1.15 bn income.

rnrnAssets have also swelled by a staggering 46 percent to Rs. 10.4 bn last year, despite gloomy economic conditions.

rnrnCurrently, trade facilities and working capital finance provided to multinational companies operating in Sri Lanka accounts for 35 percent of the bank quote s loan portfolio.

rnrnExposure to the apparel industry has increased