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» Obituary Notice.
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Jan 14, 2020 4:14 pm by ipo

» LOLC Holdings
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Jan 13, 2020 6:04 pm by smallville

» SEYB.N0000 (Seylan Bank PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Jan 12, 2020 10:06 pm by subash

» Happy Birthday
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Jan 12, 2020 9:16 pm by lanka

» In the Meantime, Within Our Shores !
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Jan 12, 2020 10:46 am by කිත්සිරි ද සිල්වා

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Jan 10, 2020 9:42 am by කිත්සිරි ද සිල්වා

» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Jan 09, 2020 5:40 pm by subash

» Browns Investments update
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Jan 09, 2020 10:42 am by The Invisible

» Gota's Era
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Jan 09, 2020 9:53 am by yellow knife

» Tokyo Cement
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 08, 2020 10:48 pm by The Invisible

» Lanka Tiles
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 08, 2020 10:44 pm by The Invisible

» RCL - Royal Ceramics
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 08, 2020 10:39 pm by The Invisible

» AEL Access Engineering
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 08, 2020 10:30 pm by The Invisible

» Sri Lanka central bank to develop a cost-based rate to price loans
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 08, 2020 10:21 pm by The Invisible

» Dialog Finance
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 08, 2020 10:19 pm by The Invisible

» LIOC.N0000 (Lanka IOC PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 08, 2020 4:32 pm by LSE

» Tourism Sector
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Jan 07, 2020 2:05 pm by nihal123

» Expolanka
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Jan 07, 2020 1:18 am by Afourer

» Cartoon Today
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

» කොළඹ කොටස් හුවමාරුවෙහි නවතම ජංගම දුරකථන යෙදුම
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Jan 04, 2020 7:36 pm by spw19721

» ඉරානයට කළ ප්‍රහාරයෙන් පසු යුරෝපයේ කොටස් වෙළඳපොළ රැසක් පහළ වැටෙයි
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Jan 04, 2020 1:30 pm by nihal123

» VAT අදාළ නැති කට්ටිය මෙන්න. 50,000 ක ලැයිස්තුවක්
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 01, 2020 7:48 pm by Rana

» Thread for News on CSE and SL Economy
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 01, 2020 7:42 pm by nihal123

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

» Sri Lanka’s Cargills, Sampath, DFCC Bank says met lending rate ceilings
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Dividend Announcement
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 01, 2020 1:16 pm by smallville

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Jan 01, 2020 9:29 am by The Invisible

» People’s Bank, Sampath, and DFCC face penalties
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Dec 31, 2019 6:33 pm by nihal123

» NDB.N0000 (National Development Bank PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Dec 31, 2019 1:55 am by Trend

» COMB.N0000 (Commercial Bank of Ceylon PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Dec 10, 2019 5:23 pm by Backstage

» තැරැව්කාර සමාගමකට එරෙහිව කොටස් වෙළෙඳපොළ විනය ක්‍රියාමාර්ග ගනී
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Dec 10, 2019 12:31 pm by Rana

» PABC.N0000 (Pan Asia Banking Corporation PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Dec 09, 2019 6:41 pm by soileconomy

» East West properties
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Dec 09, 2019 10:01 am by LSE

» MHDL Millennium Housing
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Dec 07, 2019 12:35 pm by pure equity

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NDB.N0000 (National Development Bank PLC)

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NDB.N0000 (National Development Bank PLC) - Page 2 Empty Re: NDB.N0000 (National Development Bank PLC)

Post by yellow knife on Mon Apr 01, 2019 11:46 am

                          2018

NDB has increased revenue by 21% on YoY basis.

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Post by yellow knife on Mon Apr 01, 2019 11:49 am

PAT of NDB has gone up by 47%.

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Post by PANTOMATH on Mon Apr 01, 2019 6:21 pm

Thanks YK,
Certainly a good share in banking sector,Good DY too
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Post by yellow knife on Tue Apr 02, 2019 7:08 am

Thanks Pantomath

*****************************************

NDB has mentioned some challenges faced by the entire Banking Industry. Overcoming these obstacles is a must for the health of the entire industry.

1. Full Implementation of Basel III.

In order to improve Tier I capital NDB went for a right s issue in the last quarter of 2018 with the intention of raising 6.2 Billion.

However NDB could raise only 55% of that which is only 3.4 Billion. The Bank was interested in finding a strategic investor who could buy the remaining unsubscribed amount, yet failed.

This shows why a Government should look into Share Market. If the Share Market was performing well NDB could have easily got its rights subscribed.

2. SLFRS 9 implemented.

3. Debt Repayment Levy. Banking sector has become the highest taxed sector of the country where a prudent investor now has to re-evaluate on investing in Banking Shares. Effective tax rate is as high as 57%.

4. Swallowing a considerable portion of Earnings by Tax reduces the Banking sectors ability to augment capital through internally generated funds.

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Post by yellow knife on Tue Apr 02, 2019 7:13 am

NDB is maintaining a higher ROE .

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Post by yellow knife on Tue Apr 02, 2019 7:17 am

EPS of NDB

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Post by yellow knife on Tue Apr 02, 2019 7:24 am

PE ratio shows how attractive some Banking shares are. It also shows how much interested the Investors are.

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Post by yellow knife on Tue Apr 02, 2019 7:27 am

Dividend payout is around 35% of earnings.

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Post by yellow knife on Tue Apr 02, 2019 7:28 am

Market price has come down despite good performance.

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Post by Backstage on Tue Apr 02, 2019 11:11 am

Pre war rates. Thanks YK.
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Post by ruwan326 on Thu Jun 13, 2019 7:58 pm

Financial Performance- Period ended 31 March 2019

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Post by The Invisible on Wed Aug 14, 2019 9:11 am

National Development Bank net down 29-pct

ECONOMYNEXT - Profits at Sri Lanka's National Development Bank group fell 29 percent to 781 million rupees in the June 2019 quarter from a year earlier, amid high loan losses and higher taxes, though the bank has grown its loan book.

NDB reported earnings of 4.54 rupees per share for the quarter. The group reported earnings of 6.19 rupees per share of the six months to June with total profits falling 32 percent to 1.32 billion rupees.

Interest income grew 25 percent to 13.2 billion rupees, interest expenses grew 30 percent to 9.1 billion rupees and the bank grew net interest income 15 percent to 4.0 billion rupees.

NDB group grew its loan book 5 percent to 361 billion rupees from December to June. The bond portfolio grew 15 percent to 27 billion rupees.

Loan losses grew 36 percent to 966 million rupees. Unspecified other provisions grew from 11 million rupees to 122 million rupees.

At bank level the gross non-performing loan ratio grew to 4.56 percent from 2.85 percent.

Sri Lanka is recovering from monetary instability in 2018 which saw the rupee collapse from 153 to 182 to the US dollar with the central bank printing money to keep rates down artificially just as the economy and the credit system recovered in the first quarter. There have been calls to restrain the domestic operations department of the central bank and criminalize certain actions of the unit.

Deposits grew 2 percent to 354 billion rupees.

VAT on financial services grew from 299 million rupees to 423 million rupees and there was a 222 million charge from a new debt repayment levy.

Gross assets grew 4 percent to 495 billion rupees. Net assets grew 2 percent to 39.9 billion rupees. At bank level Tier 1 capital fell from 9.17 percent to 9.02 percent. Total capital adequacy increased to 13.64 percent from 12.63 percent. (Colombo/Aug14/2019)
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Post by Trend on Tue Dec 31, 2019 1:55 am

Is NDB good to buy or will they give a rights issue?
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