NSB records highest ever group Profit Before Tax in 1H 2025
View(s):National Savings Bank Group (NSB) has reported strong results for the first half of 2025, marking a new high in financial performance and operational resilience.
The bank posted a Profit Before Tax (PBT) of Rs. 25.5 billion for the six months ended 30th June 2025, reflecting robust bottom-line efficiency and strategic cost containment. Profit After Tax (PAT) stood at Rs. 15.7 billion, representing a substantial 65 per cent year-on-year increase compared to the corresponding period of 2024, the state savings bank said in a media release.
This performance was primarily driven by a 27 per cent growth in net interest income, which rose to Rs. 42.7 billion, underpinned by proactive asset-liability management and pricing. Operating income increased to Rs. 46.2 billion, supported by higher fee based and trading activities.
Commenting on the performance, NSB Chairman Dr. Harsha Cabral PC said, “The first half of 2025 reflects the strength of our strategic foundation, governance frameworks, and execution capability. Amidst economic shifts, NSB has continued to deliver value, strengthen its fundamentals, and strengthen its national mandate.”
Surpassing a PBT of Rs. 25.5 billion within just six months with strict discipline on all aspects stands as a defining milestone in the bank’s journey, said Ms. Shashi Kandambi, General Manager/CEO.
“This achievement underscores the effectiveness of our strategic focus on balance sheet optimisation, disciplined cost management, and sustainable growth. We remain steadfast in our commitment to maintaining this performance trajectory, while consistently creating long-term value for all stakeholders,” she added.
NSB’s total asset base expanded to Rs. 1.85 trillion as of June 30, 2025, compared to Rs. 1.78 trillion at the end of December 2024, reflecting continued balance sheet growth and financial strength. The bank’s investment portfolio comprising government securities, equity investments, and debt instruments registered a 9.3 per cent increase over the six-month period, reaching Rs. 1.14 trillion, up from Rs. 1.05 trillion at year-end 2024.
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