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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]
The Sri Lanka Savings Bank was established in July 2006 as a private limited company under the Banking Act No. 30 of 1988 and it was incorporated under the provisions of the Companies Act. [2] The bank obtained license to operate as a specialised bank from the Central Bank of Sri Lanka.
1948: Ceylon obtained her independence from the British; the monetary authorities were transferred to Sri Lanka. The Central Bank of Sri Lanka was established in 1949 and it assumed responsibility for monetary policy and bank regulation. 1949: BoC opened its first overseas branch in London, United Kingdom.
High-yield savings rates for December 10, 2024. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.00% APY with no minimums at ...
Gold and copper coins issued by the Chola ruler Rajaraja Chola (985-1014) are excavated from many parts of Sri Lanka. The obverse and reverse of these coins are similar to the common Dambadeniya Massa coins issued by later Kalinga and Pandya rulers of Sri Lanka.
Kahavanu obverse. Kahavanu is a medieval currency from Sri Lanka.The coinage appears to have been initiated shortly before Rajaraja Chola invaded Lanka in 990 AD, and struck through the period when the Cholas dominated the island (1017-1070), and continued by closely similar coins struck for Vijayabahu (1055-1110) after he re-established Sinhala independence in 1070.
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. [1] [2]
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