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It was incorporated in Ceylon by the National Savings Bank Act No. 30 of 1971 and was granted the status of the Licensed Specialised Bank in terms of the Banking Act No. 30 of 1988. NSB has 262 branches. It also carries out postal banking with the cooperation of 643 post offices and 3,412 sub-post offices of the Sri Lanka Post.
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
Unsecured loan options may be less risky than other loan types for certain borrowers, but not all. When taking out any long-term debt, making a fully educated decision is crucial to promoting ...
Cons. Potentially high interest rates. May have strict lending requirements. Personal guarantee may be required. To learn more, check out our guide on the pros and cons of unsecured business loans
In March 2021, the ICRA Lanka Limited reaffirmed the credit rating of Sri Lanka Savings Bank to BBB− with immediate effect. [ 4 ] Sri Lanka Savings Bank generated a Profit After Tax amounting to Rs. 445 million for the financial year ending 31 December 2022 and the bank recorded a significant increase in Profit After Tax by 74 percent from ...
The interest rate on an unsecured loan for home improvement could be higher to offset the risk the lender assumes since it’s an unsecured debt product. You’ll need good credit.
National Savings Bank may refer to; National Savings Bank (Malaysia), a government-owned savings bank in Malaysia. National Savings and Investments, a government-owned savings bank in the United Kingdom, which was formerly known as the National Savings Bank. National Savings Bank (Sri Lanka), a government-owned savings bank in Sri Lanka.
National Savings Bank; National Water Supply and Drainage Board; People's Bank; Sri Lanka Ayurvedic Drugs Corporation; Sri Lanka Broadcasting Corporation; Sri Lanka Bureau of Foreign Employment; Sri Lanka Cashew Corporation; Sri Lanka Cement Corporation; Sri Lanka Export Credit Insurance Corporation; Sri Lanka Handicrafts Board