It is now in the process of expanding its branch network country wide with more than 4,000 service points, including branches, post offices and ATMs.
NSB Katuwana branch declared open recently at No: 43/1, New Kandy Road, Weliweriya under the patronage of Minister of Tourism, Prasanna Ranatunga as the chief guest.
The Chairperson of National Savings Bank, Keasila Jayawardena, and General Manager/CEO, Ajith Peiris, were amongst the distinguished guests present on the occasion.
The new branch, which consists of a spacious premise and modern banking amenities including an ATM will ensure a quality customer service by catering to all financial needs of the people of the area.
National Savings Bank, the only bank in the country that offers 100% government guarantee, has commenced expanding its branch network substantially and accordingly, the Weliweriya branch marks the 259th Branch of the NSB Branch network.
The bank sought to implement a comprehensive intelligence and financial crime detection management solution, aimed at protecting its customers in real time.
In addition to card-based transactions, ACI’s fraud management capabilities allow the bank to address emerging digital payment channels, including internet and mobile banking, mobile wallets and real-time payments, solidifying its position as one of the country’s leading financial innovators.
NSB reported a deposit base of LKR 1,113 Bn as of Jun-20 as compared to LKR 1,017 Bn reported as of Dec-19 (LKR 953 Bn as of Dec-18). The NSB Act provides explicit government guarantee for the deposits and interest payable thereon.
The Bank processed the 100% Government ownership, which provides a strong likelihood of sovereign support and, the 100% explicit guarantee provided by the Government for the money deposited with the Bank and the interest thereof through the National Savings Bank Act (NSB Act).
National Savings Bank (NSB) has been steered towards modernisation expansion and digitisation of operations, services, and product delivery and has witnessed its contribution towards enhancing customer experience.