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.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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