NSB savings top Rs 1.3 tn

National Savings Bank (NSB) banks savings has exceeded Rs 1.3 trillion NSB CEO/GM Ajith Peiris said.

Addressing the bank’s 50th-anniversary celebrations held at Water’s Edge on Thursday he said, “Our dream is to be the 3rd largest bank in Sri Lanka and we plan to achieve that feat by next year.

Peiris said the bank recorded its highest profits in its history in 2021 which was Rs 22 billion and had provided over 3.6 bn moratorium benefits to over 90% of its customers in the past year. Peiris said NSB has invested over Rs 800 billion in government bonds so far and is the only bank that gives a 100% government guarantee for customer deposits. He said NSB is the only Local bank that received AAA certification for 19 consecutive years in a row.

The GM also said they have mooted several key measures to digitalize the bank and would introduce eKYC technology which will enable customers to do their banking from home and they plan to draw more youth and more digital manoeuvres would be introduced for that purpose.

The Bank has also been granted the RTGS (Real Time Gross Settlement) status by the Central Bank of Sri Lanka (CBSL), the special facility which enables the Bank to perform the transfer of large sums of money on a transaction-by-transaction basis, with secure and real-time. RTGS facility enables NSB customers and its internal operations to transfer funds seamlessly and with the security and supervision of CBSL. (MFJ)

by Daily News Sri Lanka

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