By J. Kurukulasuriya
The shares traded between Rs 7.10 and Rs 5 during the quarter.
The percentage public holdings is 40% of the shares.
www.ceylontoday.lk
Ceylon FT: Amana Bank a relative newcomer to the country's banking sector, (established in 2009), showed a 126% leap in 'net financing income' to Rs 308 million, but reported a loss of Rs 49 million for the quarter ended 31 March 2014, as compared to a quarterly loss of 72 million in 2013.
Net gains from trading were down 51% to Rs 32 million. Personnel expenses rose 33%, and other operating expenses 31%.
Net gains from trading were down 51% to Rs 32 million. Personnel expenses rose 33%, and other operating expenses 31%.
The bank reported that its core capital adequacy ratio, as a percentage of risk weighted assets (minimum requirement, 5%) was 18.4% at 31 March 2014.
The stated capital of the bank is Rs 5,866 million. The main shareholders of the company are Bank Islam Malaysia Berhad and AB Bank Ltd., both with 14.44%, Tea Exporter – Akbar Brothers Pvt Ltd., with 9.98%, and Islamic Development Bank with 9.62%. Expolanka Holdings holds 7.22%. Among individuals, Nagi Saleh Mohammed Al Faqih has 2.99%. Of the directors, Kevin Mark Pocock (alternate director to Harsha Amarasekera, PC) holds 27,084,302 shares.
The stated capital of the bank is Rs 5,866 million. The main shareholders of the company are Bank Islam Malaysia Berhad and AB Bank Ltd., both with 14.44%, Tea Exporter – Akbar Brothers Pvt Ltd., with 9.98%, and Islamic Development Bank with 9.62%. Expolanka Holdings holds 7.22%. Among individuals, Nagi Saleh Mohammed Al Faqih has 2.99%. Of the directors, Kevin Mark Pocock (alternate director to Harsha Amarasekera, PC) holds 27,084,302 shares.
The shares traded between Rs 7.10 and Rs 5 during the quarter.
The percentage public holdings is 40% of the shares.
www.ceylontoday.lk
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