NSB "AAA" Rated, 100% protection to depositors
"Today, than any other period, banking and financial industry has
become more challenging amidst intensified competition.
National Savings Bank (NSB) has been continuously grown and
strengthened due to business expansion, through enhancing branch
network, effective postal network, which function as mini branches
across the island, while transforming people in all walks of life, from
the newly born baby to the senior citizen, to NSB depositors", said new
Chairperson, Ms. W.A. Nalani.
Ms. W.A. Nalani a veteran Banker, spanning over 37 years of
experience in the banking industry, has assumed duties as the first
Chairperson of the National Savings Bank. She is a graduate of the
University of Colombo with a Bachelor of Arts in Economy (Hons) and
Bachelor of Philosophy in Economics.
Chairperson W.A. Nalani |
She has served as General Manager/CEO of Bank of Ceylon, the largest
bank in the country and has earned a distinguished career in the banking
fraternity. In 2009, Ms. Nalani was awarded the prestigious Zonta Award
for Excellence in the Banking Category. She has also served as the
President of the Association of Professional Bankers of Sri Lanka.
Ms. Nalanisays, her key role is to take the country's premier savings
bank forward in the growth path, where many opportunities are available,
to provide various diversified services to offer to the depositors and
to the general public of this country, contributing to the national
economy.
The confidence and the trust of the people of this country placed in
our Bank has indeed taken us to greater heights during four decades of
transformation amidst intensified competition, making us the third
largest Bank and the leading savings bank in this country.
As the pioneer organization in savings, NSB has inculcated the
savings habit among the urban and rural masses for several decades and
is rooted in the hearts of the people as the most stable and customer
friendly savings bank.
The customer deposits and interest payments are 100% guaranteed by
the government of Sri Lanka, thereby providing full protection, while
the bank is rated as a 'AAA' organization for the past 10 consecutive
years by the reputed rating agency, Fitch Ratings Lanka Ltd.," which
further justifies the stability of the Bank.
Bank has a network of 227 branches and 4053 post offices and sub post
offices island-wide, providing untiring service to the customers.
She further said, "our immediate priorities will be to strengthen our
selves further to meet fast changing customer needs and expectations and
reach out to people across the country through a wider network of
branches.
We are expanding further our international banking services to Sri
Lankans who live abroad, adding more value to their hard earned foreign
monies through more efficient, secured services expanding to many
countries.
NSB Headquarters |
The Bank has been able to secure the confidence of thousands of Sri
Lankan diaspora employed abroad, by remitting foreign money to their
accounts in Sri Lanka at comparatively low cost, says the Chairperson.
Housing sector will be continuously funded considering the country's
needs to develop this sector and provide "better shelter" to the common
man in the country.
Funding of large infrastructure development projects is the newest
business line of the Bank.
Our country has reached a new era filled with boundless opportunities
for banking and finance sector since the last four years, bringing in
dividends of peace.
The government's development agenda that is already in place,
followed by the economic and political stability of the country, has
added tremendous value to the present environment and National Savings
Bank is fully poised to take maximum advantage of these favourable
macroeconomic conditions at home and abroad, thereby making vital
contribution for the economic development.
We now strive to mould the future movements of the Bank by
capitalizing these opportunities and broadening our business operations
in the domestic and international arena.In this context, we are watchful
about our upcoming opportunities and poised to take prudent decisions to
further enhance the growth and the stability of the Bank.
As our prime objective, we will continue with the "National Drive"
for promoting the habit of Thrift throughout Savings among Sri Lankans,
safeguarding and protecting their deposits as the most trusted Savings
Bank.
"We convey our gratitude to our longstanding depositors for the faith
and loyalty they displayed, all throughout."
NSB is a Bank that has stood the test of time, maintaining its own
individuality, standing tall as the country's Premier Savings Bank and
receiving enormous public confidence for its reliability, stability and
strength and we will continue to maintain this momentum in shaping our
future direction. |