The People’s Bank achieved its highest-ever profit in 2025, while the Bank of Ceylon recorded its strongest financial performance in its 87-year history during the same year. The National Savings Bank also registered a record pre-tax profit of Rs. 59 billion in 2025, according to the Chairpersons of the respective banks.

These remarks were made during the presentation of the 2025 Annual Reports of the People’s Bank, Bank of Ceylon and National Savings Bank to President Anura Kumara Dissanayake at the Presidential Secretariat.

Accordingly, Chairman of the People’s Bank Prof. Narada Fernando, Chairman of the Bank of Ceylon Mr Kavinda De Soysa and Chairman of the National Savings Bank Dr Harsha Cabraal respectively presented the relevant reports to the President on this occasion.

Speaking at the event, the Chairman of the People’s Bank, Prof. Narada Fernando, stated that the bank had recorded its highest-ever profit in 2025.

He further noted that the profit amounted to Rs. 64.4 billion before tax and Rs. 40 billion after tax.

Meanwhile, the Chairman of the Bank of Ceylon, Mr Kavinda De Soysa, stated that the bank had achieved the highest profit in its 87-year history in 2025. He further noted that this amounted to a pre-tax profit of Rs. 120.8 billion, while Rs. 77 billion had been paid to the Government as taxes.

The Chairman of the National Savings Bank, Dr Harsha Cabraal, stated that the bank had recorded its highest-ever pre-tax profit of Rs. 59 billion in 2025. He further noted that the National Savings Bank had also contributed Rs. 6 billion in dividends to the Treasury.

Japan announced a $10 billion financial support package for Asian nations, including Sri Lanka, to help them secure crude oil supplies as global prices surge amid the Middle East conflict, according to The Mainichi.

The initiative aims to ensure that petroleum‑derived products manufactured across Asia continue to flow into Japan despite rising geopolitical risks.

Sri Lanka joined regional and partner countries in discussions surrounding the plan at a Japan‑led virtual leaders’ meeting.

The assistance was announced by Japanese Prime Minister Sanae Takaichi following an online conference with counterparts mainly from the Association of Southeast Asian Nations (ASEAN). The financial support is designed to strengthen regional energy supply chains through measures such as loans for procuring crude oil and petroleum products and the expansion of oil stockpiles.

“Japan is closely interconnected with each Asian country through supply chains and mutually dependent with them,” Takaichi told reporters. She warned that oil shortages or supply disruptions in Asian countries could have a “significant negative impact” on Japan’s economy and society.

Sri Lanka’s debt restructuring process is nearing completion, with significant progress recorded across negotiations and implementation, according to the latest 6th Co-Chairs Progress Report released by the Global Sovereign Debt Roundtable (GSDR) on April 15.

The report states that most sovereign debt restructuring cases launched during 2021 and 2022 have now been largely completed, including Sri Lanka’s, which was carried out outside the G20 Common Framework. Sri Lanka’s restructuring now involves only a small number of residual commercial creditors, while the signing of bilateral agreements with official creditors is well advanced, though not yet fully finalized.

According to the GSDR, Sri Lanka successfully completed the fourth review of its IMF-supported program in July 2025. In December 2025, following a severe cyclone, the country also received emergency financing under the IMF’s Rapid Financing Instrument. In parallel, the World Bank provided up to US$120 million in emergency support by repurposing funds from ongoing projects to assist recovery efforts and restore essential services and infrastructure.

The report notes that Sri Lankan authorities continue to engage in good-faith negotiations with the remaining commercial creditors. Residual debt yet to be restructured is estimated at about 1.7 percent of Sri Lanka’s total external debt within the restructuring perimeter as of end-2023, indicating that the bulk of the process has already been completed.