Extended Banking

Due to high restructuring expenses following the takeover, the figure is expected to be considerably lower than the normal trend.

Wickramaratne told Lanka Business Online in an interview today that, ldblquote performance of foreign banks that operate only in a confined market cannot be directly compared with local banks which have to cater to a wider market dblquote .

ldblquote Our strategy is to arrive at a balance between providing an attractive return to shareholders and need to invest to expand our customer base. We are aiming to provide an above market return by local standards dblquote , he added.

NDB Bank is currently developing its medium term strategy with the assistance of external consultants.