Extended Banking

Earlier ABN Amro has been able to constantly maintain an impressive ROE of nearly 30 percent on profit after tax around Rs.

150 mn. High ROE
quote s are a common feature among foreign banks that cater to a niche market in Sri Lanka.

Due to high restructuring expenses following the takeover, the figure is expected to be considerably lower than the normal trend.

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Wickramaratne told Lanka Business Online in an interview today that, ldblquote performance of foreign banks that operate only in a confined market cannot be directly compared with local banks which have to cater to a wider market
dblquote .

ldblquote Our strategy is to arrive at a balance between providing an attractive return to shareholders and need to invest to expand our customer base. We are aiming to provide an above market return by local standards
dblquote , he added.

NDB Bank is currently developing its medium term strategy with the assistance of external consultants.

New market segments in retail banking market are been evaluated for e