State banks profits up 11-pct from January to May 2015

June 24, 2015 (LBO) – Sri Lanka's Finance Minister Ravi Karunanayake says there is a 11 percent increase in the overall profits of the three state banks over the first five months of this year.
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"Overall profits at National Savings Bank, Bank of Ceylon and People's Bank have increased by 11 percent," Karunanayake said. "We need to increase that to 25 percent.

" Karunanayake was speaking at a ceremony held at temple trees to present appointment letters to over 1,000 employees joining National Savings Bank, Bank of Ceylon, People's Bank and Sri Lanka Customs.