National Savings Bank


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National Savings Bank

A state-owned bank in Sri Lanka specializes in taking deposits for checking and savings accounts and other retail banking services. It also conducts postal banking in conjunction with the Sri Lankan Post. It was established in 1971.
References in periodicals archive ?
The bank said that it has successfully completed the joint arrangement of a USD250m, five-year bond issuance, due 2019, for National Savings Bank. The policy is owned by the government of Sri Lanka.
13 September 2011 - Fitch upheld on Monday the national long-term rating of AAA(lka) with a "stable" outlook of Sri Lanka-based National Savings Bank (NSB).
Today, WEB is putting together similar programs with assistance from the Foundation for International Community Assistance the American National Savings Bank. The Bank has provided interest-bearing free checking and has set up savings accounts for the first group of loan recipients.
The latter included the founding of the first Banco de Avio, the establishment of the Banco de Amortizacion de la Moneda de Cobre in 1837, the National Savings Bank of Monte de Piedad in 1849, the Code for Trade and Commerce in 1854, and the establishment, in 1864, of the first commercial bank--the Bank of London, Mexico, and South America, authorized to accept deposits, give credit, issue currency, and provide business people with those services necessary to facilitate foreign trade.
Securities and Exchange Commission, revised the Outlook on DFCC Bank PLC (DFCC) to Stable from Negative and has affirmed the Long-Term Issuer Default Ratings (IDR) of the Sri Lanka-based banks; - National Savings Bank (NSB) at 'B+'; Outlook Stable; - Bank of Ceylon (BOC) at 'B+'; Outlook Stable; and - DFCC at 'B+'; Outlook revised to Stable from Negative.
'The General Treasury will pay the interest subsidy to the National Savings Bank for the first five years.'
The NSB iSaver was jointly created by the National Savings Bank and the Sri Lanka Telecom Mobitel with the aim of further increasing the saving habits of the Sri Lankans, utilizing the modern communication technology.
The National Savings Bank of Sri Lanka is reportedly planning an issue of a five-year bond to raise USD500m in funds, says Reuters
He later opened a fruit shop in Scotland Road, almost opposite the old National Savings Bank.
They could also have a National Savings bank account.
A defence counsel for Buddy described him as a "broken and somewhat pathetic man" and said he was a first offender who had worked at the National Savings Bank in Cowglen, Glasgow, for 15 years.
Colin Aitkenhead has been sacked from his high-flying post at the National Savings Bank in Cowglen, Glasgow.
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