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HNB records highest ever profit

Hatton National Bank continued its impressive performance recording post tax profit of Rs 3.22 Bn., an increase of 6.5% over last year’s Rs 3.02 Bn. Commenting on the results, HNB’s Managing Director Rajendra Theagarajah said " We are delighted to be able to deliver such results especially against the backdrop of significant fluctuations in key macro economic variables such as interest rates, inflation and exchange rates which adversely affected the growth and profitability of the financial Industry and a global financial crisis since the great depression, which caused some of the world’s biggest financial institutions to either file for liquidation or to be bailed out on the verge of collapse.

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