The National Savings Bank is the country’s premier state-owned savings bank. BMD spoke with NSB’s Chairman, Jayaraja Chandrasekera on the bank’s key functions and developments.
Excerpts from the interview:
Jayaraja Chandrasekera is a senior banking professional with over 40 years of experience with the Hatton National Bank and later at Pan Asia Bank as a member of the Board of Directors. He also functions as a Management Consultant. He has gathered experience in the wider spectrum of banking while serving at Hatton National Bank and has undergone training at prestigious local and foreign academic institutions and banks. Chandrasekera is a member of the Association of Professional Bankers.
In addition, he has also actively engaged with religious institutions, specially the Kelaniya Raja Maha Viharaya and currently, is the Secretary of the Dayaka Sabawa.
Q: As the nation’s premier state-owned savings bank, what role does NSB play in contributing to the country’s national savings?
First of all, I wish to state that NSB is a unique bank with a 100% Government Guarantee for customers’ deposits and interests. It is the first Sri Lankan bank to be accredited with the highest credit rating of ‘Triple A’ and it has maintained that status for 16 consecutive years until 2018. It is also the largest Licensed Specialized Bank (LSB) in the country.
Read BMD August 2019 for more details…