Hatton National Bank (HNB) reported earnings results for the nine months of 2016. The company reported that its nine month PAT grew by 54.2% to exceed LKR 11 billion. Year-over-year profit before VAT and taxes was LKR 17.3 billion, an increase in PAT by 48% year-over-year to LKR 10.1 billion. Core banking operations contributed strongly to HNB's results with net interest income growing by 28.8% year-over-year to LKR 24.9 billion. Growth in the Bank's interest income was driven by robust growth of 21% year-over-year in assets. The increase in profits to LKR 10.1 billion resulted in the Bank yet again delivering a high ROE of 19.64%, significantly higher than the 14.62% achieved in the corresponding period of the previous year.