Sri Lanka, July 23 -- National Development Bank PLC (NDB/ the Bank) announced its financial results for the six-months ended June 30, 2026 (1H 2026/ period under review), as released to the Colombo Stock Exchange on July 22, 2026. Despite the challenges arising from the fraud uncovered in April 2026, the Bank delivered healthy results, driven by strong core banking operations, reflecting the resilience of its business model and the clarity of its strategic direction.
The Bank reported an operating profit before taxes on financial services of LKR 9.5 billion for 1H 2026, after recognising the gross financial impact of the fraud attributable to the period amounting to LKR 2.55 billion, which related entirely to the quarter ended March 31, 20...