RDB Bank records Rs. 2.2 b PBT in 1H 2025

Tuesday, 9 September 2025 02:28 - - {{hitsCtrl.values.hits}}


Chairman Lasantha Fernando	General Manager and CEO D.M.T.S. Kumara

Regional Development Bank (RDB) yesterday said it reported a Profit Before Tax (PBT) of Rs. 2.2 billion for the first six months of 2025, up from Rs. 492 million a year earlier.

The bank said Profit After Tax (PAT) crossed Rs. 1 billion during the six-month period to end-June 2025.

RDB Chairman Lasantha Fernando attributed the profitability growth to the disciplined strategies implemented at the start of the year and a carefully structured corporate budget. “We have been able to maintain an attractive interest margin, offsetting the pressures from a moderately high NPL ratio. These results reflect the trust of our large and loyal customer base, and the resilience of our business model which serves both large and small communities across the country,” he said. RDB General Manager/CEO Thilak Kumara said: “Our lending portfolio expanded to Rs. 260 billion by end-June 2025, compared to Rs. 240 billion at the close of 2024. In parallel, deposits grew by Rs. 17 billion during the first half, reflecting customer confidence built over four decades of dedicated service to rural and urban communities alike.”

The bank’s total asset base rose to Rs. 345 billion as of 30 June, up from Rs. 324 billion at year-end 2024. RDB continued to maintain a sound capital position, with Tier 1 and total capital ratios standing at 9.06% and 14.43% respectively, comfortably above regulatory minimums. Liquidity also remained strong, with a Liquidity Coverage Ratio (LCR) of 320% and a Net Stable Funding Ratio (NSFR) of 131% as at the reporting date.

This performance also comes in the year that RDB celebrated its 40th anniversary. Marking four decades, the bank hosted a commemorative event at BMICH featuring the launch of a special stamp, the RDB Entrepreneurs Trade Fair, an Awards Ceremony for Outstanding Entrepreneurs, and a Talent Show. These celebrations reflected RDB’s dual focus on financial inclusion and fostering entrepreneurship across the country.

Building on this momentum, RDB remains committed to its founding mandate of empowering those who are at the bottom of entrepreneur ladder, supporting SMEs, and strengthening livelihoods in agriculture, fisheries, and micro enterprises.