BOC, NSB record historic profits

Colombo, May 22 (Daily Mirror) - The Bank of Ceylon (BOC) and the National Savings Bank (NSB) reported record-breaking profits for the year 2024, the President's Media Division said.

They said this was revealed by the annual reports handed over to President Anura Kumara Dissanayake at the Presidential Secretariat today (22). 

The BOC announced a staggering pre-tax profit of Rs. 106 billion, the highest ever recorded, not only by a bank but by any institution, public or private, in Sri Lanka’s history. 

Meanwhile, the NSB posted a dramatic turnaround, reporting a pre-tax profit of Rs. 26.4 billion, a remarkable leap from Rs. 4.2 billion in 2023.