3:30 p.m.
Hi Dharma! We're (I'm*) keen on merging 1. Bank of Ceylon, 2. People's Bank, and 3. National Savings Bank.
I think that the fragmented private banking sector, should also consolidate. As they're just too small. They just can't facilitate or offer the banking facilities that big firms will need to do business. I can push you into running some of those merged private banks.
It's up to them if they want to merge, as it's private funds. They're private. But i know they just won't survive unless they do, as their rates aren't good or competitive enough.
Especially, as the very big private banks will all move here upon my invitation, all of a sudden, and they don't even need Sri Lanka depositors.
I'd suggest, and will help orchestrate the merger of two, new private banks:
1. commercial, hatton, ntb, and dfcc bank =
--> “Harry’s Bank”: Rev: $1.3b | EBIT: $750m | Net: $120m | B: 560 | ATM: 1045 | Loans: $7.6b | Deposits: $9.5b | Customers: 3.4m | Assets: $13.2b
2. sampath, seylan, union, ndb, cargill's, islamic development bank, and pabc =
--> “Consumer Bank”: Rev: $951.9m |EBIT: $246m | Net: $82.3m | Loans: $8.6b| Deposits: $9.7b | Asset: $12.62b
You can be try to be chairman of Harry's Bank.