Merchant Bank of Sri Lanka & Finance PLC 2015 AR2
The report highlights the performance of Merchant Bank of Sri Lanka & Finance PLC for the fiscal year 2015, marking its first full year of operations as a merged entity. The company successfully completed the amalgamation of three diverse entities with zero retrenchment. Despite operational challenges, the group reduced its net losses to Rs. 19.58 million and expanded its total deposit base by 43% to Rs. 15.8 billion. The company also continued its commitment to sustainability through its microfinance initiative 'Siyath Saviya' and various community development programs.
Company: Merchant Bank of Sri Lanka & Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2015
Type: AR2
Pages: 240
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Merchant Bank of Sri Lanka & Finance PLC
Annual Report
The report highlights the performance of Merchant Bank of Sri Lanka & Finance PLC for the fiscal year 2015, marking its first full year of operations as a merged entity. The company successfully completed the amalgamation of three diverse entities with zero retrenchment. Despite operational challenges, the group reduced its net losses to Rs. 19.58 million and expanded its total deposit base by 43% to Rs. 15.8 billion. The company also continued its commitment to sustainability through its microfinance initiative 'Siyath Saviya' and various community development programs.
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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
Energy Consumption
Total Waste
Employees