Lankaputhra Development Bank (LDB), which recorded a profit after tax of Rs.104 million in 2014, has been able to increase this figure to Rs.178 million by November 30.
“This figure is expected to go beyond Rs.200 million by the end of the year,” LDB Chairman Lasantha Goonewardena said.
Although all 8 LDB branches suffered losses during 2014, during this year, five branches have managed to record profits so far while the remaining branches are heading towards a profitable outcome by the end of the year. With Wennappuwa, Polonnaruwa, Batticaloa, Hambantota and Trincomalee branches registering profits, the managers and other officials of these branches were given special acknowledgments by the Chairman while a special programme will be set in motion in order to encourage them to continue such achievements.
He added that the Bank needs the fullest support and cooperation of the staff of the remaining branches in order to maximise their profits and end the year on a positive note.
LDB is currently making arrangements to open service centers at Tambuttegama and Akuressa before the end of the year.
“In order to face the year 2016 with optimism and energy, plans have been drawn up for the employees to undergo an attitudinal transformation and there will be greater emphasis placed on staff training in 2016,”the Chairman said.
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“This figure is expected to go beyond Rs.200 million by the end of the year,” LDB Chairman Lasantha Goonewardena said.
Although all 8 LDB branches suffered losses during 2014, during this year, five branches have managed to record profits so far while the remaining branches are heading towards a profitable outcome by the end of the year. With Wennappuwa, Polonnaruwa, Batticaloa, Hambantota and Trincomalee branches registering profits, the managers and other officials of these branches were given special acknowledgments by the Chairman while a special programme will be set in motion in order to encourage them to continue such achievements.
He added that the Bank needs the fullest support and cooperation of the staff of the remaining branches in order to maximise their profits and end the year on a positive note.
LDB is currently making arrangements to open service centers at Tambuttegama and Akuressa before the end of the year.
“In order to face the year 2016 with optimism and energy, plans have been drawn up for the employees to undergo an attitudinal transformation and there will be greater emphasis placed on staff training in 2016,”the Chairman said.
www.dailynews.lk
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