MBSL Savings Bank at Kalutara

MBSL Savings Bank celebrated the opening of its re-located service Extension Office at Galle Road, Kalutara South. The new location with added services reaffirms the Bank's commitment to improving lives and strengthening communities by providing banking services to the Kalutara community.

Situated in an ideal city location and offers its customers the convenience of spaciousness, ample free parking facilities and a courteous friendly customer service staff capable of assisting the different communities.

MBSL Savings Bank is a subsidiary of Merchant Bank of Sri Lanka (MBSL) and has the backing and stability of both MBSL and the Bank of Ceylon (BOC). The Central Bank approved licensed specialized bank will offer a wide range of services, including Fixed Deposits 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 confidant 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.

"We're very pleased to be opening our new Extension Office in Kalutara," said M.R. Shah, Chairman of MBSL. He added, "This is an ideal location for our customers and this new office opening is part of our continued commitment and approach to providing outstanding service and convenience to our customers in a way that fits in with their lifestyles."

"In addition to the great rates we're offering on our money market accounts, home equity loans and lines of credit, and we will also be offering free financial advice for our customers to help them manage their finances to meet their goals," stated Lloyd Peiris, Acting CEO/Deputy General Manager. Free Financial advice are one-on-one consultations with a Banker who can help the customer select the products and services that best fit their Savings, Deposits or borrowing needs.

MBSL Savings Bank is a subsidiary of Merchant Bank of Sri Lanka (MBSL). MBSL holds 62% of the stake of MBSL Savings. Also 72% of MBSL shares are owned by Bank of Ceylon (BOC).