Sri Lanka, Nov. 17 -- Sustaining its upward momentum, HNB delivered strong results in the first nine months of Group PAT reached Rs 34.7 Bn, marking a 47% YoY increase, while the Bank's PAT grew by 42% YoY to Rs 31.5 Bn.

Commenting on the performance, Mr. Nihal Jayawardena, Chairman of HNB PLC stated, "The period under review has been one of steady progress for both HNB and the broader Sri Lankan economy. While challenges remain, reform measures have delivered encouraging results, with inflation moderating, currency remaining relatively stable and GDP growing by 4.8% during the first half of the year. Fiscal improvements and the progressunder the IMF programme have strengthened confidence in the country's recovery trajectory. In this bac...