Srilanka, Feb. 22 -- Sampath Bank PLC saw its December quarter receiving a massive lift from the reversals of provisions on the International Sovereign Bonds (ISBs) and also the substantially lower provisions made for loans, due to the improving borrower profiles in a recovering economy. The bank reported earnings of Rs.8.20 a share or Rs.9.61 billion for the October-December period, up 85 percent from the same period in 2023. The profits included a gargantuan Rs.16.95 billion in provision reversals, on account of the ISBs and also Rs.402.08 million, on account of loans and advances, compared to Rs.5.60 billion in the year earlier period. "This improvement was primarily due to prudent provisioning measures taken in previous years, which ...