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Sri Lanka's State Banks Report Record Profits for 2025
The Pulse
EconomyPoliticsHOT3h ago

Sri Lanka's State Banks Report Record Profits for 2025

TLDR
  • Three state banks reported record profits for 2025.

  • People's Bank and Bank of Ceylon achieved their highest-ever profits.

  • National Savings Bank posted 59 billion profit before taxes.

Three of Sri Lanka's prominent state-owned banks—People's Bank, Bank of Ceylon, and National Savings Bank—presented their 2025 annual reports to President Anura Kumara Dissanayake at the Presidential Secretariat today. All three institutions announced record-breaking financial performances for the year. People's Bank recorded the highest profit in its history, while Bank of Ceylon achieved its highest profit in its 87-year history. The National Savings Bank reported a top profit of 59 billion before taxes. The respective chairpersons, including Professor Narada Fernando for People's Bank, Kavinda De Soysa for Bank of Ceylon, and Dr. Harsha Cabraal for National Savings Bank, formally handed over the reports.

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