State Banks Post Record Profits as Annual Reports Presented to President

COLOMBO (News 1st); The People’s Bank, Bank of Ceylon, and National Savings Bank today (20) presented their 2025 Annual Reports to President Anura Kumara Dissanayake at the Presidential Secretariat, with all three state-owned banks reporting record-breaking financial performances.

The presentations were made by the respective Chairpersons of the banks. Chairman of the People’s Bank Prof. Narada Fernando, Chairman of the Bank of Ceylon Kavinda De Soysa, and Chairman of the National Savings Bank Dr. Harsha Cabraal formally handed over the reports to the President on the occasion.

Speaking at the event, Prof. Narada Fernando stated that the People’s Bank recorded the highest profit in its history in 2025, amounting to Rs. 64.4 billion before tax and Rs. 40 billion after tax.

Meanwhile, Chairman of the Bank of Ceylon Kavinda De Soysa said the bank achieved the highest profit in its 87-year history in 2025, recording a pre-tax profit of Rs. 120.8 billion, while contributing Rs. 77 billion in taxes to the Government.

Chairman of the National Savings Bank Dr. Harsha Cabraal stated that the bank recorded its highest-ever pre-tax profit of Rs. 59 billion in 2025 and also contributed Rs. 6 billion in dividends to the Treasury.

The Chairpersons collectively noted that these achievements were made possible through the well-planned implementation of Government policies and a high level of financial discipline.

They also acknowledged the significant contribution and support of bank staff in securing these results.