Nations Trust Bank

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Nations Trust Bank PLC

Type	Public limited company
Traded as	CSE: NTB.N0000
Industry	Finance
Founded	1999; 22 years ago (1999) [1]
Headquarters	Colombo, Sri Lanka
Number of locations	96 (2019)[2]
Area served	Sri Lanka
Key people	Gihan Cooray (Chairman) Renuka Fernando (CEO)[2]
Products	Banking, financial and related services
Revenue	Rs 16.134 billion (2019)[2]
Operating income	Rs 8.444 billion (2019)[2]
Net income	Rs 3.714 billion (2019)[2]
Total assets	Rs 325.369 billion (2019)[2]
Total equity	Rs 31.396 billion (2019)[2]
Owner	John Keells Holdings (19.72%) HWIC Asia Fund (15.00%) Central Finance Company (9.84%)
Number of employees	3,151 (2019)[2][3]
Website	www.nationstrust.com

Nations Trust Bank PLC (abbreviated as NTB) is one of the listed banks in Sri Lanka with 96 branches, 127 ATMs and 48 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. 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.

• Acquisition of Waldock Mackenzie Ltd.
• Acquisition of Kandy branch of the Standard Chartered Bank
• Acquisition of the Personal Banking portfolio 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

it has 96 branches and 137 ATM machines

References[]

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