Hatton National Bank PLC 2015 AR2
The report highlights Hatton National Bank PLC's exceptional performance in 2015, with profit after tax surpassing Rs 10 billion for the first time in its history. The company achieved a record low non-performing asset (NPA) ratio of 2.43% alongside a 25.8% growth in loans and advances. Key strategic milestones included the implementation of business process re-engineering initiatives, which reduced the cost-to-income ratio to a record low of 45.95%. Additionally, the bank spearheaded the Sri Lanka Banks' Sustainable Finance Initiative, bringing together 18 banks to commit to sustainable banking principles.
Company: Hatton National Bank PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2015
Type: AR2
Pages: 404
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Hatton National Bank PLC
Annual Report
The report highlights Hatton National Bank PLC's exceptional performance in 2015, with profit after tax surpassing Rs 10 billion for the first time in its history. The company achieved a record low non-performing asset (NPA) ratio of 2.43% alongside a 25.8% growth in loans and advances. Key strategic milestones included the implementation of business process re-engineering initiatives, which reduced the cost-to-income ratio to a record low of 45.95%. Additionally, the bank spearheaded the Sri Lanka Banks' Sustainable Finance Initiative, bringing together 18 banks to commit to sustainable banking principles.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Employees