Sept 03, Colombo: Half-year results released recently on Hatton National Bank PLC (CSE: HNB) showed an impressive performance by the Bank recording an income of Rs 17.6 billion, a growth of 30% compared to the corresponding period last year.

HNB’s net interest income grew steadily to Rs 6.0 billion, a growth of 13% during the first half of 2008 compared with 2007 and non interest income grew by 39% to Rs 2.3 billion from Rs 1.7 billion. This enabled the Bank to improve the Net Income from Rs 6.9 billion to Rs 8.3 billion, a growth of 20%.

During the firstt half of 2008 entire operating expenses bill was comfortably met by the net interest income from core banking activities.