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Bank of Ceylon; Central Bank of Sri Lanka; Credit Information Bureau; Department of Excise; Development Lotteries Board; Employees’ Trust Fund Board; Housing Development Finance Corporation Bank
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]
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 ...
Capitec Bank is a South African retail bank and financial services company. [2] As of February 2024 the bank was the largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month.
A chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan and other Asian countries. [1] Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. In some variations of chit funds, the savings are for a specific purpose.
In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as the "use it ...
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.
The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).