NDB delivers exceptional 65% growth in post-tax profit during nine months

NATIONAL Development Bank PLC (NDB) said it has delivered impressive profitability growth backed by sound core banking operational growth in the first nine months of 2025.

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NDB’s operating income and pretax profit expanded by 32.3% and 62.1% to reach Rs. 28.4 billion and Rs. 11.0 billion, respectively.

Director/Chief Executive Officer Kelum Edirisinghe said: “Our performance over the nine months’ period ended provides ample testimony to the consistent positive progress made across almost all aspects of our business operations. It reflects the strategic clarity, agility, and commitment of our staff at all levels in navigating this fast-paced market landscape whilst creating excellence in every aspect of our operations. These results also speak for our internal resilience and operational excellence, and also to the encouraging progress of the Sri Lankan economy, which we are proud to be a part of.”

"Amongst others, one of our key performance highlights is growth of Small and Medium Scale Enterprise (SME) loan book which expanded by over 24.0% on a year-to-date basis underscoring the Bank's commitment to support the sector," he added.

Looking ahead, Edirisinghe said NDB remain focused on further sharpening strategic focus with significant groundwork underway. "A broad strategic realignment is taking shape across the Bank, positioning us for sustainable growth and value creation for the benefit of our shareholders and other stakeholders in the years ahead," he said.