BOC assets top Rs. 3 trillion milestone | Daily FT

Achievement in 1Q boosted by stepped up continuous lendingIn 2020 loans and advances grew by 28% to Rs. 2.1 tSME and microfinance sector supported with Rs. 129 bUnder ‘Saubhagya’ Working Capital Loan scheme extends highest facilities worth Rs. 39 b to 18,589 customersExtends moratorium for facilities valued at over Rs. 550 b to 258,000 customersCustomer deposit base up 23% to Rs. 2.4 t in 2020Reports highest industry pre-tax profit of Rs. 23.6 b in 2020State-owned Bank of Ceylon yesterday revealed that its assets had crossed the Rs. 3 trillion milestone in the first quarter, whilst loans and d…

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HEDGE accordingly