NSB adopts global reporting guidelines
National Savings Bank (NSB) has for the first time adopted the GRI
guidelines in reporting on sustainability this year, NSB General Manager
Hennayake Bandara said.
With its new theme, 'NSB dares to begin afresh', in its annual report
for 2009, National Savings Bank (NSB) gives a hint of the changes that
will distinguish the bank in the coming years.
General Manager/CEO Hennayake Bandara explaining the theme said 'Sri
Lanka is about to go into fast forward mode. In a modern world where
change is accepted as inevitable, the near future will have the
potential to surprise and often disconcert us. This is especially true
of organisations with long and successful traditions behind them -
organisations that were so well adapted to the past that they may
struggle to cope with the future'.
Explaining the bank's current position and results of the year under
review, Hennayake said that things are progressing well for the Bank.
'We are the only Sri Lankan financial institution that has AAA rating.
This rating has been re-affirmed by Fitch for seven consecutive years.
We also have the largest customer base with over 16 million customer
accounts, and the largest footprint in the country with over 4,500
access points. We closed 2009 on a high note, recording a net profit of
Rs 3.7 billion and mobilised Rs 53.4 billion in new deposits. It is
despite all that is going for us that we want to reinvent ourselves. NSB
pioneered savings in Sri Lanka and has been the prime catalyst in
promoting the savings habit among Sri Lankans.
Today we want to redefine the concept of savings and transform NSB
from a traditional savings bank focussed on deposits to Sri Lanka's most
sought-after savings brand offering the most innovative range of
investment options'.
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