Merchant Bank of Sri Lanka & Finance PLC 2014 IR
The report highlights Merchant Bank of Sri Lanka & Finance PLC's transition to its first Integrated Reporting Framework for the fiscal year 2014. The company achieved a remarkable financial performance with a profit after tax of LKR 242.8 million, representing a significant increase from the previous year. MBSL expanded its microfinance initiative, Siyath Saviya, supporting over 6,860 rural entrepreneurs with total disbursements of LKR 375 million. Additionally, the company successfully managed its merger with MBSL Savings Bank and MCSL Financial Services, expanding its branch network to 50 locations and diversifying its funding sources.
Company: Merchant Bank of Sri Lanka & Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2014
Type: IR
Pages: 248
Merchant Bank of Sri Lanka & Finance PLC
The report highlights Merchant Bank of Sri Lanka & Finance PLC's transition to its first Integrated Reporting Framework for the fiscal year 2014. The company achieved a remarkable financial performance with a profit after tax of LKR 242.8 million, representing a significant increase from the previous year. MBSL expanded its microfinance initiative, Siyath Saviya, supporting over 6,860 rural entrepreneurs with total disbursements of LKR 375 million. Additionally, the company successfully managed its merger with MBSL Savings Bank and MCSL Financial Services, expanding its branch network to 50 locations and diversifying its funding sources.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Integrated Report
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
Energy Consumption
Water Consumption
Employees