Nations Trust Bank

Sri Lankan commercial bank
  • Gihan Cooray (Chairman)
  • Hemantha Gunetilleke (Chief Executive Officer)
ProductsBanking, financial and related servicesRevenueIncrease LKR64.818 billion (2022)Increase LKR38.867 billion (2022)
Net income
Increase LKR7.228 billion (2022)Total assetsIncrease LKR414.944 billion (2022)Total equityIncrease LKR46.041 billion (2022)Owners
  • John Keells Holdings (19.72%)
  • HWIC Asia Fund (15.00%)
  • Central Finance Company (9.84%)
Number of employees
Decrease 2,479 (2022)Subsidiaries
  • Waldock Mackenzie Ltd
  • Allied Properties Ltd
  • Nations Insurance Brokers Ltd
Websitewww.nationstrust.comFootnotes / references
[1]

Nations Trust Bank PLC (abbreviated as NTB) is one of the listed banks in Sri Lanka with 96 branches, 99 ATMs and 64 cash deposit & withdrawal machines as well as an automated channels and is the issuer and sole acquirer for American Express Credit Cards in Sri Lanka.[2] Nation Trust Bank's major shareholders are John Keells Holdings and Central Finance Company PLC which are leading companies in their respective operating sectors in Sri Lanka.

History

Nations Trust Bank was established in July 1999 when it acquired the Colombo Branch of Overseas Trust Bank Ltd.[3]

  • Acquisition of Waldock Mackenzie Ltd.
  • Acquisition of the Kandy branch of the Standard Chartered Bank
  • Acquisition of the Personal Banking portfolio of Deutsche Bank
  • Acquisition of the Commercial Banking Business and Foreign Exchange Business of American Express Bank in Colombo
  • Merger with Mercantile Leasing Company in January 2006

The bank has 96 branches and 99 ATM machines.

References

  1. ^ "Annual Report 2022" (PDF). cse.lk. Nations Trust Bank PLC. Retrieved 13 March 2023.
  2. ^ "Nations Trust Bank expands to Deniyaya". Daily News. Associated Newspapers of Ceylon Limited. 23 May 2013. Retrieved 12 January 2023.
  3. ^ "Nations Trust Bank: Two Decades of Innovation & Trust". adaderana.lk. Ada Derana. 1 July 2019. Retrieved 12 January 2023.
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