EPS for the period was reported at Rs 0.8844 as against Rs 0.8853 for the same period last year. The Board in its 171st meeting held on 28th August 2019, approved the Bank's condensed interim financial statements for the half year ended 30 June 2019. The Bank's net advances portfolio grew by 7.55 percent, to Rs 200,557 million. Nonperforming loans decreased by 5.51 percent from Rs 11,357 million on 31 December 2018 to Rs 10,731 million on 30 June 2019; thereby improving the infection ratio from 5.83 percent on 31 December 2018 to 5.16 percent on 30 June 2019.
The Deposit portfolio registered a healthy growth of Rs 25,391 million or 9.68 percent when compared to 31 December 2018 and ended at Rs 287,771 million as at 30 June 2019. Current accounts increased by Rs 13,547 million during this period, and the Bank's CASA percentage improved to 64.97 percent. (December 2018: 60.76 percent). The Board of Directors is confident that the Bank would continue to perform well, amidst a challenging economic environment and meet the expectations of our stakeholders.-PR