Three state-owned banks, People’s Bank, Bank of Ceylon and National Savings Bank, reported their strongest financial performances for 2025 as their annual reports were presented to President Anura Kumara Dissanayake on Monday (20), at the Presidential Secretariat.
Chairman of People’s Bank Prof Narada Fernando said the bank recorded its highest-ever profit, with Rs. 64.4 billion before tax and Rs. 40 billion after tax.
Chairman of Bank of Ceylon Kavinda De Soysa said the bank achieved the highest profit in its 87-year history, with a pre-tax profit of Rs. 120.8 billion and Rs. 77 billion paid to the government in taxes.
Meanwhile, Chairman of National Savings Bank Dr Harsha Cabraal said the bank recorded a pre-tax profit of Rs. 59 billion, also its highest to date, and contributed Rs. 6 billion in dividends to the Treasury.
The chairpersons said the results were driven by government policies, financial discipline and staff contributions.
The event was attended by Minister Anil Jayantha Fernando and senior officials from the Finance Ministry and the respective banks. (Newswire)