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MBSL savings bank expands footprint to Kurunegala

MBSL Savings Bank backed by the strength and stability of Merchant Bank of Sri Lanka PLC (MBSL) and the Bank of Ceylon (BOC), continues to grow aggressively in the regional markets by revamping its footprint and expanding the customer reach.


The new location of the MBSL Savings Bank in Kurunegala.

People of Kurunegala can now look forward for a complete new banking experience with the opening of a new state of the art extension office, amidst a host of street promotions and public awareness programmes. The re-located office marks a continuation of the bank’s expansion pattern to the suburban cities of the country.

The only licensed private savings bank in the country, the MBSL Savings Bank offers a wide range of banking services through a network of twelve extension offices streamlined and enhanced customer service. It is in a rapid process of expanding its office footprint with three more re-locations in the pipeline. The new premise is located at Kandy Road, Kurunegala in a highly functional commercial property. Its 2,000 sq. ft. office will facilitate as a well established lending centre with commercial and residential officers serving the local market in and around the city.

MBSL Savings Bank is looking to have all its extension office units upgraded by the year end. The full-service bank will offer a wide range of services, including Savings Accounts for Senior Citizens, Minors and Fixed Deposits and Lending Products namely; leasing and hire purchase, commercial lending and investment services to individuals and businesses located in the city and suburbs. MBSL Savings Bank is a proven community bank that offers products and services that meet the deposit and financing needs of both consumers and businesses. Customers can be confident knowing that their deposits are fully backed by both MBSL and the Bank of Ceylon. The Bank’s residential Lending Officers are available to guide its customers through the financial process whether it is in looking to purchase or refinance a home.

“Like our depositors, our staff members are from the communities we serve, allowing us to offer you the personalized service that large, corporate banks cannot. We believe our people are what make us different, allowing us to set a higher bar of service not only as a trusted bank but as an active member of the community. We believe in working with our communities, for our communities.” Stated the Chairman of MBSL Savings Bank M.R. Shah.

“MBSL Savings Bank is strong today, and we will be strong tomorrow, as we continue to serve you and your family for generations to come. Your confidence is what drives our success and, in turn, allows us to better serve you and communities we are proud to call home.

We look forward to our continued support of local initiatives and to making a true difference in the communities we serve” elaborated Lloyd Peiris, Acting CEO/Deputy General Manager of MBSL Savings Bank.

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