Equity Analysis /
Sri Lanka

Hatton National Bank: HATTON NATIONAL BANK: Q3 17 results call - asset quality headwinds; Buy

    Rahul Shah
    Rahul Shah

    Head of Financials Equity Research

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    Tellimer Research
    23 November 2017
    Published byTellimer Research
    HNB conducted its Q3 2017 results conference call yesterday. The major areas of discussion were the rise in the NPL ratio and the lower than industry loan growth. Relative to our 2017 and 2018 forecasts, management comments were mostly in line.