The State Mortgage and Investment Bank is one of the longest standing banks in Sri Lanka, and operates as a licensed specialised bank. The Bank is primarily involved in the housing finance and the SMEs and agriculture segment, but has been trying to expand to the manufacture and production of agricultural and industrial products. Its product portfolio for Consumer banking includes mortgage loans, savings accounts, fixed deposits, pawning and other loan services. Its SME segment involves tailored SME loans and microlending solutions. Headquartered in Colombo, the SMIB was founded in 1931.
State Mortgage & Investment Bank

ROA
Governance
Profits/Losses
Governance Indicators
A systematic measure of how well this SOE is managed.
Year of the most recent Annual Report available online
Have Annual Reports for the last five years been tabled in Parliament?
Does the Annual Report include the mandatory provisions set out in the PED guidelines?
Is the Audit Clean / Qualified / Disclaimer?
Is the information pertaining to the RTI officer available on the website?
Does the SOE respond to an RTI within the timeframe specified in the Act?
Does the SOE have a website?
Does the SOE website contain sufficient organtisational details?
Does the SOE website contain tender and procurement details?
Interpratation of the indicators
Financials
Available Financial data for the last few years.
Year | Turnover (LKR) | Total Assets | Profit/Loss | Total Debt | Total Liabilities | Total Equity | Operational Profits | ROA |
---|---|---|---|---|---|---|---|---|
2020
|
6,076,716
|
52,801,921
|
355,834 | Data Not Avalaible |
46,782,412
|
6,019,509
|
790,277
|
0.7
|
2019
|
5,981,510
|
Data Not Avalaible | 419,074 | Data Not Avalaible |
41,652,768
|
5,658,669
|
815,906
|
Data Not Avalaible
|
2018
|
5,524,857
|
42,597,268
|
244,472 | Data Not Avalaible |
37,410,284
|
5,186,984
|
731,718
|
1.13
|
2017
|
4,745,059
|
42,022,422
|
178,524 | Data Not Avalaible |
37,065,992
|
4,956,430
|
565,961
|
Data Not Avalaible
|
2016
|
1,946,541
|
35,347,159
|
436,018 | Data Not Avalaible |
30,428,963
|
4,918,195
|
926,523
|
Data Not Avalaible
|
2015
|
3,879,028
|
34,231,576
|
409,774 | Data Not Avalaible |
29,968,452
|
4,263,123
|
842,797
|
1.3
|
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