HNB advances growth, strengthens balance sheet in 2025
View(s):The HNB Banking Group delivered a strong performance in 2025, with Group Profit After Tax (PAT) reaching Rs. 49.8 billion, reflecting the continued progress.
The bank’s PAT stood at Rs 45.4 billion, supported by robust balance sheet expansion and sustained improvements in asset quality, it said in a media release.
Commenting on the performance, Nihal Jayawardena, Chairman of HNB, said: “While the year concluded with the severe impact of Cyclone Ditwah, the resilience demonstrated by communities and institutions underscored the importance of a banking sector that remains agile, responsive, and deeply committed to national progress.”
Despite strong credit growth, net interest margins remained under pressure amid an accommodative monetary policy stance. Net Interest Income declined marginally by 0.6 per cent year‑on‑year, reflecting the broad reduction in market interest rates, and the recognition of a portion of overdue interest from the restructuring of Sri Lanka Sovereign Bonds (SLSBs) in December 2024, which temporarily boosted interest income in the previous year.
Exchange income rose to Rs. 6.3 billion during the year, reversing the loss of Rs. 2.9 billion recorded in 2024.
Damith Pallewatte, Managing Director /CEO of HNB, commented, “HNB’s performance in 2025 reflects the strength of our strategic priorities and the unwavering commitment of our teams to support customers across all segments of the economy. Our commitment to sustainability remained central to our agenda during the year. In the wake of Cyclone Ditwah, we acted swiftly by recognising prudent impairments, contributing to the Rebuild Sri Lanka Fund, and strengthening the integration of climate risk into our credit assessment frameworks.”
The bank’s asset base expanded to Rs 2.39 trillion, reflecting a year‑on‑year growth of 15 per cent driven by the strong expansion in the loan book and disciplined balance sheet optimisation.
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