Cargills Bank Achievers Night 2023

Cargills Bank reports strong financial performance in 1H 2023 despite economic challenges

  Cargills 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 portfolio quality, and agility to navigate the market environment. The Bank consolidated on the turnaround in its financial performance, achieving an Operating Profit before taxes of […]

Market Disclosure Q2 2023

Interim Financial Statements as of 30 June 2023

Cargills Bank opens 24th branch in Bandarawela

  Cargills 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 is located on the ground floor of the vibrant Cargills Square, Bandarawela. This exceptional location captures the essence of Bandarawela, renowned for its breathtaking landscapes, […]

Market Disclosure Q1 2023

Market Disclosure Q4 2022

Core operations growth underpins solid Q1 performance of Cargills Bank

  Operating 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 credit quality stress   Cargills Bank reported a profit after tax of Rs.106Mn for 1Q2023, vs. a loss of Rs.58Mn in 1Q2022. The results […]

Interim Financial Statements as of 31 March 2023

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