NSB entrusts SLT to connect branch network

TIE-UP: National Savings Bank (NSB), the pioneer in the savings banking industry, partnered with Sri Lanka Telecom as their total communication solutions provider. SLT recently signed an agreement with NSB for a Total Communication Solution for NSB islandwide branch and ATM network.

Powered by SLT's state-of-the-art communication facilities NSB expects to network the Head Office, 111 branches, 18 ATM machines and 08 saving centres within a virtual private network.

The IP-VPN Solution (Internet Protocol Virtual Private Network) deployed is capable of carrying voice and mission critical data reliably and in a cost effective manner while ensuring information is shared in a secure environment.

Chairman of NSB Upali Gunarathne stated "As a bank that is in charge of encouraging, promoting and developing the banking sector to provide adequate, efficient and attractive banking services, we need the backing of state-of-the-art technology. SLT Intelligent Solutions has enhanced our productivity and service efficiency and affected our overall performance".

In addition to the main connectivity on IP-VPN, all branch sites will be provided with back up systems allowing the countrywide branch and ATM network of NSB to have access to a centralised IT network at any given time. This IP-VPN solution would allow country-wide branch and ATM network of NSB to have access to a centralised IT network at any given time which will enable them to communicate with each other and the head office via phone (voice), video conferencing, or data (email, internet) at a minimal cost.

SLTs IP VPN technology will deliver both network cost savings through enhanced internal communication and real business benefits. This will also enable further customer satisfaction for NSB through quick transactions, prompt settlements and less time wasted on paper work.

The investment of the proposed design will also be scalable for future multimedia services such as video conferencing, e-learning, video streaming etc. and high speed broadband Ethernet connectivity. SLT CEO Shuhei Anan said, "National Savings Bank is a long term client of SLT and this solution will produce desired cost savings while maintaining the required network security and remote access.