NDB Pre-tax profits surge by 118 percent to four billion rupees

National Development Bank (NDB) released its financial results for the three months ended March 31, 2025 (1Q 2025) reflecting solid growth in line with the revival of economic activity and rising private sector credit demand.

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Kelum Edirisinghe, Director/Chief Executive Officer, NDB stated, “We made a strong start to the year, following the highest-ever profit recorded in the Bank's history in 2024. Guided by our priorities, we have devised bold, actionable plans to unlock greater potential and accelerate our strategic growth agenda for 2025 and beyond. Our aim is to make an impactful contribution to the country’s economic growth, provide superior service to our clients, deliver sustainable returns, and enhance shareholder value. We are seeing renewed demand for credit as our customers regain financial momentum in an improving economic environment. NDB is well-positioned to serve our clientele with simpler, smarter, and more agile banking solutions, blending expert product advisory, digital convenience, and exceptional customer care to deliver a truly rewarding banking experience”, he further noted.