Seylan Bank records post-tax profit of Rs. 12.1 bn in 2025
View(s):Seylan Bank has recorded a Profit Before Tax (PBT) of Rs. 19.6 billion in 2025, up by 22.3 per cent from Rs. 16 billion reported in the previous financial year.
For the year under review, Profit After Tax (PAT) stood at Rs. 12.1 billion, a 20.5 per cent growth over the corresponding year of 2024.
The reported PAT of Rs. 12.1 billion represents the highest annual profit achieved in the bank’s 37-year history, demonstrating sustained growth and strengthened financial performance, it said in a media release.
Net interest income increased to Rs. 38.3 billion in 2025 from Rs. 36.7 billion in 2024, representing a 4.21 per cent modest growth resulting from the growth in loan book and the reduction in market interest rates and the repricing of loans and deposits and government securities.
The bank’s total operating income for 2025 was Rs. 48.1 billion, an increase of 13 per cent compared to Rs. 42.6 billion recorded in the corresponding period of 2024, driven mainly by the increase in net interest income, net fee and commission income and other operating income. The bank recorded an impairment charge on Loans & Advances, Other Financial Assets, and Credit-related commitments of Rs. 0.6 billion in 2025, significantly lower than Rs. 6.3 billion in 2024.
Impairment provisions were maintained prudently to reflect changes in the global and local economy, customer credit risk profiles, and the overall credit quality of the bank’s loan portfolio, ensuring adequacy in the financial statements.
The bank’s total assets increased from Rs. 780 billion in 2024 to Rs. 921 billion in 2025, reflecting steady growth over the twelve-month period.
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