National Savings Bank Sri Lanka Financial Data and Statistics

The National Savings Bank of Sri Lanka has a total asset base of over Rs. 1.5 trillion, making it one of the largest banks in the country.

This significant asset base is a testament to the bank's long history of serving the nation's savings needs.

The bank has a network of over 200 branches across Sri Lanka, providing convenient access to its services for customers nationwide.

This extensive branch network is a major factor in the bank's ability to reach a wide customer base and provide a range of financial services.

Readers also liked: B of a Cd Rates

The financial performance of National Savings Bank (NSB) is a key aspect of its overall success. In December 2017, the bank's fixed deposits (FD) stood at 526,171 LKR million.

The bank's financial institutions' FDs also saw significant growth, with commercial banks holding the largest share at 3,748,081 LKR million in December 2017. National Savings Bank's FDs were a notable 87,640 LKR million in December 2017.

Here's a breakdown of the bank's FDs across different institutions in December 2017:

These figures demonstrate the bank's strong presence in the financial sector of Sri Lanka.

The National Savings Bank annual revenue was $689.9 million in 2025. This is a significant figure that indicates the bank's financial performance.

National Savings Bank's revenue is substantial, reflecting its strong market presence and customer base.

The bank's financial performance is a key factor in its overall success, and its annual revenue is a crucial metric to consider.

Broaden your view: Capital One 360 Savings Account Minimum Balance

In Sri Lanka, the financial institutions have shown significant growth in their fixed deposits (FDs). The National Savings Bank had a FD of 526,171.00 LKR mn in December 2017.

The FDs in commercial banks have been particularly impressive, with a total of 3,748,081.00 LKR mn in December 2017. This is a substantial amount, considering the financial landscape of Sri Lanka.

The FDs in finance companies also saw a notable increase, reaching 655,670.00 LKR mn in December 2017. This indicates a growing trust in these institutions among investors.

The FDs in other licensed specialized banks stood at 77,692.00 LKR mn in December 2017. This is a relatively smaller amount compared to other institutions, but still a significant figure.

Here is a breakdown of the FD indicators for Sri Lanka financial institutions:

The FDs in state mortgage and investment banks were 28,589.00 LKR mn in December 2017.

The National Savings Bank (Sri Lanka) has a dedicated "Act" that outlines its operations and goals.

The National Savings Bank Act of 1978 is the primary legislation governing the bank's activities. It was enacted to establish the bank as a separate entity from the Central Bank of Sri Lanka.

The bank's objectives are to mobilize savings and channel them into productive sectors of the economy. This is achieved through a range of deposit products and services.

The Act also empowers the bank to issue various types of savings instruments, such as National Savings Certificates and National Savings Bonds. These instruments are designed to encourage people to save for the future.

Consider reading: National Bank Act

The bank's operations are overseen by a board of directors, which is responsible for ensuring that the bank operates in accordance with the Act. The board is composed of experienced professionals from various fields.

The National Savings Bank Act has undergone several amendments since its inception. These amendments have helped to refine the bank's operations and improve its services.

Additional reading: Canada Employment Insurance Financing Board

National Savings Bank (NSB) is taking a proactive approach to security with the implementation of ACI Worldwide's Payments Risk Management solution. This solution enables enterprise-wide fraud detection and prevention.

The bank's decision to adopt this solution comes as digital payments increasingly become the preferred transaction method in Sri Lanka. With over 25 million debit and credit cards in use, the risk of fraud is a growing concern.

NSB is confident that ACI's reliability and scalability in payment solutions will strengthen its fraud monitoring capabilities. This will enable the bank to deliver an even greater customer experience.

The bank's Acting GM/CEO, Damitha Rathnayake, emphasized the importance of real-time, customer-centric fraud prevention. This approach is critical in providing seamless customer experiences.

ACI's solution will address emerging digital payment channels, including internet and mobile banking, mobile wallets, and real-time payments. This will solidify NSB's position as a leading financial innovator in Sri Lanka.

The National Savings Bank of Sri Lanka is a government-owned bank that plays a crucial role in the country's economic development. It was established in 1979.

The bank's main objective is to mobilize savings from the public and invest them in various sectors of the economy, promoting economic growth and development.

The National Savings Bank has a wide network of branches across Sri Lanka, making it easily accessible to the public.

A fresh viewpoint: List of Public Corporations by Market Capitalization

Amal Illesinghe is the CIO of National Savings Bank. He plays a crucial role in shaping the bank's technology strategy and overseeing its digital transformation.

National Savings Bank has a strong focus on innovation, which is led by its CIO.

National Savings Bank is a relatively small organization with a limited workforce. 574 people are employed at National Savings Bank.

Their headquarters is located in Colombo, Western, a bustling region in Sri Lanka.