Recent developments regarding the National Savings Bank (NSB) referring to a Voluntary Retirement Scheme (VRS) are solely relating to the operations of the Sri Lanka Savings Bank (SLSB) and not applicable to the NSB, the premier savings bank clarified on Wednesday.
“We have observed that there is a misinterpretation on National Savings Bank (NSB), amongst the public, of a news item, currently circulating pertaining to the Sri Lanka Savings Bank (SLSB). We wish to clarify that SLSB is a fully owned subsidiary of NSB, and that the recent developments involve the proposed merger of SLSB with NSB, pursuant to a regulatory directive by the Central Bank of Sri Lanka (CBSL).
The NSB emphasised that the VFS decision does not have any impact on the stability of NSB.
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
Leave Comments