Cargills Bank released its annual report for 2023, reporting a robust growth in Profit before Tax driven by a 30% increase in total assets during the year. The Bank posted a Profit before Tax of Rs.73 ...
Read moreCargills Bank Rings Opening Bell at CSE Marking Successful IPO and Listing Cargills Bank Limited ceremonially rang the Opening Bell of the Colombo Stock Exchange (CSE) at 9.30am on the 9th of ...
Read moreFor the first time in a decade, the investing public has an opportunity to become inaugural public shareholders in a unique financial services entity with the ongoing Rs. 500 million IPO by Cargills B ...
Read moreProfit before Income Tax at Rs. 623 m Bank maintains strong capital adequacy and liquidity ratios Total Capital Ratio at 20.43% Statutory Liquid Asset Ratio at 37.72% Total Assets grow by 20% or Rs. 1 ...
Read moreCargills Bank demonstrated its resilience and strong growth potential in its financial performance for the 1st half of 2023, driven by a focused strategic approach, management ofliquidity and p ...
Read moreCargills Bank recently opened its latest branch in Bandarawela, marking the 24th addition to its growing Islandwide presence. Nestled in the heart of Bandarawela, the new Cargills Bank branch i ...
Read moreOperating Profit before taxes reported at Rs.259Mn, vs. loss of Rs.31Mn in 1Q2022 Total Asset base rose 11% QoQ to Rs.60Bn Near term environment remains challenging amidst softening margins and ...
Read morePosts robust income growth; operating cost management Total operating income up 74% to Rs. 4.28 b Profit Before Tax up 156% to Rs. 206 m; Profit After Tax up 276% to Rs. 488 m Cargills Bank has report ...
Read moreIn an effort to support customers receiving inward remittances, Cargills Bank has partnered with Cargills Food City to provide a 5 percent discount on customers’ total bills, when they withdraw remi ...
Read moreThe 23rd addition to Cargills Bank’s island wide branch network was officially declared open in Anuradhapura recently. The new branch is located at 249B, Rex Building, Anuradhapura, and featu ...
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