Sri Lanka, March 3 -- Seylan Bank PLC reported higher top and bottom-lines in the quarter ended in December 2025, defying the absence of one-off gains from provision reversals, as the other provisions for loans fell sharply, despite a solid loan growth.
The bank reported a net income of Rs.11.29 billion, up 18.32 percent from the same period in 2024, on the back of some robust growth in new loans, despite the margin narrowed somewhat.
The bank gave loans worth Rs.135.38 billion in 2025, at a growth of 25.6 percent. Out of those full-year loans, as much as Rs.66.87 billion came during the final three months, in a departure from what was seen in most other banks, which slowed down the growth in loans towards the year-end.
Under the loans...
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