13% YoY. Increase in operating expenses by ~30% YoY during the quarter contributed to
the decline in bottom line. CDB’s net interest income grew 21% YoY to LKR 714mn supported
by the 10% YoY decline in funding costs to LKR 842mn. The loan book grew 15.7%
YoY to LKR 28.2bn during the quarter contributed mainly by the 800cc vehicle segment.
The gross NPL ratio stood at 5.9% in comparison to 4.5% during Q3 FY 14.
This shall be reach to 135 and 100 for CDB (X)