Bank

Group

2023

2022

Change 

%

2023

2022

Change 

%

Financial Performance (LKR million)

Total income

 542,187 

 513,149 

 5.7 

 551,867 

 520,891 

 5.9 

Net interest income

 91,188 

 126,346 

 (27.8)

 95,510 

 129,769 

 (26.4)

Profit before taxes on financial services

 53,006 

 42,290 

 25.3 

 54,695 

 42,372 

 29.1 

Profit before tax

 40,342 

 30,977 

 30.2 

 41,773 

 31,053 

 34.5 

Profit after tax

 26,694 

 31,972 

 (16.5)

 27,618 

 31,849 

 (13.3)

Value to the Government

 25,948 

 31,949 

 (18.8)

 26,999 

 32,606 

 (17.2)

Financial Position (LKR million)

Total assets

 4,411,748 

 4,336,460 

 1.7 

 4,467,760 

 4,390,769 

 1.8 

Gross loans and advances

 2,457,772 

 2,584,779 

 (4.9)

 2,491,981 

 2,617,905 

 (4.8)

Deposits due to customers

 3,882,232 

 3,334,774 

 16.4 

 3,909,581 

 3,358,198 

 16.4 

Total liabilities

 4,160,034 

 4,082,276 

 1.9 

 4,195,181 

 4,118,238 

 1.9 

Total equity

 251,715 

 254,184 

 (1.0)

 272,579 

 272,531 

 0.0 

Per Share Data (LKR)

Basic earnings per share 

 1,068 

 1,279 

 (16.5)

 1,103 

 1,280 

 (13.8)

Net assets value per share

 10,069 

 10,167 

 (1.0)

 10,858 

 10,859 

 0.0

Performance Ratios (%)

Return on average assets

0.9

0.8

0.1

0.9

0.8

 0.1

Return on average equity

10.6

14.1

 (3.5)

10.1

13.1

 (3.0)

Interest margin

2.1

3.1

 (1.0)

2.2

3.2

 (1.0)

Cost to income

55.7

29.4

26.3

56.8

30.8

 26.0

Loans to deposits 

63.3

77.5

 (14.2)

63.7

78.0

 (14.3)

Debt to equity

32.2

43.9

 (11.7)

Impairment provision as a percentage of gross 
loans and advances

 10.1 

 10.0 

 0.1 

 10.1 

 10.0 

0.1

Impaired loans (Stage 3)

5.1

5.3

 (0.2)

Impairment (Stage 3) to Stage 3 loans

60.4

59.7

 0.7 

Statutory Ratios (%)

Liquid asset ratio (Domestic) 
(Minimum requirement 20%)

42.8

21.2

 21.6 

Liquidity coverage ratio (Rupee) 
(Minimum requirement 2023 - 100%, 2022 - 90%)

316.0

169.0

 147.0 

Liquidity coverage ratio (All currency) 
(Minimum requirement 2023 - 100%, 2022 - 90%)

227.2

122.8

 104.4

Net stable funding ratio 
(Minimum requirement 2023 - 100%, 2022 - 90%)

145.0

137.0

6.0

Leverage ratio (Minimum requirement - 3%)

4.8

4.6

0.2

5.0

4.7

0.3

Capital Adequacy Ratio (%)

Common Equity Tier 1 Capital 
(Minimum requirement - 8.50%)

11.7

11.3

 0.4 

12.1

11.4

0.8

Tier 1 Capital (Minimum requirement - 10.00%)

12.8

12.4

0.4

13.1

12.4

0.7

Total Capital (Minimum requirement - 14.00%)

15.8

15.4

0.4

16.2

15.3

0.9

PERFORMANCE HIGHLIGHTS