Seylan Bank records PAT of Rs.8.33 bn by Q3 2025
View(s):Seylan Bank has recorded a Profit before Tax (PBT) of Rs. 12,809 million in Q3 2025, against Rs. 10,608 million in Q3 2024, a growth of 20.75 per cent.
For the nine months ending September 30, 2025, Profit after Tax (PAT) recorded by Seylan Bank was Rs. 8,327 million, up by 26.30 per cent against Rs. 6,593 million recorded in the corresponding period of 2024, the bank said in a media release.
Net interest income decreased from Rs. 27,262 million to Rs. 27,057 million, a marginal decrease of 0.75 per cent over the previous year for the 9-month period mainly due to the reduction in market interest rates and repricing of loans and deposits.
The bank’s total operating income for Q3 2025 was Rs. 35,146 million, an increase of 2.57 per cent compared to Rs. 34,264 million recorded in the corresponding period of 2024, driven mainly by the increase net fee and commission income and other operating income during the period.
The bank recorded an impairment charge of Rs. 772 million in Q3 2025 against Rs. 4,150 million reported in Q3 2024, a reduction of 81.39 per cent. The bank has ensured impairment provisions are made to capture changes in global and local economy, credit risk profile of customers and the credit quality of the bank’s loan portfolio in order to ensure adequacy of provisions recognized in the financial statements.
The bank opened 20 “Seylan Pahasara Libraries” during the first nine months in 2025, taking the total number of libraries contributed to 285, which signifies the bank’s commitment to foster wider focus on education through building of libraries in under privileged schools across the island.
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