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People’s Bank records historic milestone with all-time high Pre-Tax Profit of LKR 28.0 billion in 1H-2025
The Island
|August 29, 2025
People’s Bank, Sri Lanka’s leading financial services provider, today announced its results for the period ended June 30, 2025, reporting operating income of LKR 80.8 billion and post-tax profit of LKR 18.2 billion. This achievement is particularly noteworthy, as this profit was recorded after recognizing significant impairment charges on exposures to several state-owned enterprises (SOEs).
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The Bank’s net interest income rose to LKR 69.3 billion during the period, compared to LKR 27.6 billion in the corresponding period of 2024, reflecting the timely repricing of assets and liabilities in line with changing market interest rates. Consequently, net interest margins improved to 4.0% in 2025 from 3.4% in the end 2024. Net fees and commissions reached L
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