The Regional Development Bank (RDB) has reported an exceptional first-quarter performance for FY2026, reflecting the success of its ongoing transformation agenda, strong financial discipline, and commitment to inclusive economic development across Sri Lanka.
For the three months ended 31 March 2026, Profit After Tax surged by 187.3% to Rs. 1.08 billion, compared to Rs. 377 million in the corresponding period last year. Profit Before Tax increased by 103% to Rs. 1.87 billion, while Net Operating Income grew by 27.5% to Rs. 6.65 billion.
The bank also recorded a remarkable 223% increase in net fee-based income, supported by expanding financial services and improved operational efficiency. Asset quality remained strong, with impaired loans contained at 3.77%, while capital and liquidity ratios comfortably exceeded regulatory requirements.
Chairman Lasantha Fernando and General Manager/CEO Asanga Tennakoon attributed the performance to strategic transformation initiatives, digitalisation, operational excellence, and a continued focus on customer value creation.
