RECOGNIZED AS ONE OF THE ‘MOST ADMIRED COMPANIES OF SRI LANKA’

 

National Savings Bank, (NSB) the premiere savings bank in the country takes pride in announcing that the Bank has been recognized as one of the 10 Most Admired Companies in Sri Lanka in 2021 by the International Chamber of Commerce Sri Lanka (ICCSL), in collaboration with the Chartered Institute of Management Accountants (CIMA).

Having established with the original mandate of inculcating the habit of saving among the people of Sri Lanka NSB has flourished to be one of the strongest and safest financial institutions in the country, firmly rooted in the soils and the hearts of the people of Sri Lanka. Being true to our mandate, we are committed to fostering a healthy, sustainable, and secure savings protocol for all people of the nation.

NSB is the only Sri Lankan bank with a 100% government guarantee for its depositors’ money and interest therein, thus being crowning as the safest place for savings of the people. Meanwhile, NSB holds a strong position as a bank, committed to carry out a business in a manner that positively builds the society at large by participating in nation building by funding long-term development projects, and socio-economic projects of the Government.

Navigating the troubled waters of a truly challenging year triggered by Covid-19, NSB took all possible efforts to provide an uninterrupted and continuous service for our customers while ensuring our fullest support to the Government and Health Authorities in responding to Covid-19 successfully.

Recording its highest ever profit for a period of six months with a Profit Before Tax (PBT) of                     Rs. 13.9Bn and a Profit After Tax (PAT) of Rs.11Bn, NSB shows strength and financial resilience in performance amidst the heightened uncertainty due to Covid 19 pandemic which has triggered a wide range of shocks on the Banking Sector and the Economy as a whole.

So, once more, our efforts were rewarded being honored as one of the 10 Most Admired Companies in Sri Lanka for the first time in its history, not just for our financial performance, but also the value we create for our customers, employees and the wider community in general.

The ICCSL-CIMA Most Admired Companies list is based on a stringent evaluation conforming to globally accepted criteria by a distinguished panel of judges. The companies were ranked according to quantitative and qualitative criteria.

NSB extends its heartfelt gratitude for all its stakeholders, including dear valued customers for the trust and confidence placed on the Bank and staff members, for their utmost commitment, leading the Bank to claim yet another accolade for the year, amidst all woes and throes.