Business

NSB Issues Warning Against Misleading News Reports

In response to recent public confusion, the National Savings Bank (NSB) has issued a statement clarifying misconceptions surrounding the Sri Lanka Savings Bank (SLSB). NSB emphasizes that SLSB is a fully owned subsidiary and that recent developments involve its proposed acquisition in accordance with a regulatory directive from the Central Bank of Sri Lanka (CBSL).

The circulating information regarding a Voluntary Retirement Scheme (VRS) and termination of operations pertains solely to SLSB and does not affect NSB. NSB underscores that this decision has no bearing on its stability and reassures the public of its continued strength and integrity.

Through this clarification, NSB aims to address any confusion and reaffirms its commitment to serving its customers with steadfastness and reliability. NSB assures the public of its unwavering dedication to maintaining the trust and confidence placed in the National Savings Bank.

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