Sri Lanka’s state-owned lender, People’s Bank, has announced a record-breaking consolidated profit of 43.5 billion rupees for the financial year 2025, driven by substantial gross income. The Bank emphasized its resilience and strategic strength in a statement released recently.
“The results demonstrate the Bank’s ability to navigate challenges while strengthening its operational foundations,” stated Narada Fernando, Chairman of People’s Bank.
Highlighting the Bank’s financial success, the profit after tax (PAT) reached an unprecedented 40.2 billion rupees. Furthermore, the Bank’s operating income increased by 32.5 percent, totaling 165.8 billion rupees. Additionally, net interest income surged by 32.8 percent, amounting to 142.4 billion rupees.
The Bank reported a Total Capital Adequacy Ratio of 16.5 percent, with a Tier 1 ratio of 12.2 percent. Deposits climbed to 3.2 trillion rupees, while net loans amounted to 1.7 trillion rupees.
On a group level, People’s Bank achieved a significant milestone with total assets reaching 4.0 trillion rupees and a total loans portfolio of 2.0 trillion rupees.
Clive Fonseka, Chief Executive Officer and General Manager of People’s Bank, attributed these achievements to a strategic transformation of the Bank’s operating model. The Bank has been placing increased emphasis on expanding its private-sector business alongside its traditional roles.
(Colombo/February 26/2026)
